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Trump battles John Bolton, Chris Christie and threatens to pull funds from Wes Moore’s Maryland

I asked Donald Trump the question. Everyone asked Donald Trump the question.

Would he engage in retribution in a second term?

And we all got the same answer: He’d be too busy for that. His only retribution would be success.

Well, if Trump is not engaged in turning government against his political enemies, he’s doing a pretty good imitation of it.

Now, hardball politics is as old as the republic. The founders engaged in it. Abe Lincoln engaged in it. And you think LBJ never got his way by threatening to pull a grant or two for a congressman’s pet projects?

Look, one thing I’ve learned covering Trump for decades is that he loves to fight. In New York, back in the day, he would do battle with the likes of Ed Koch and Leona Helmsley, the ‘Queen of Mean.’

When his divorce from Ivana became a tabloid sensation, Trump got on the phone with me to discuss why his proposed settlement was really generous.

We see that fighting instinct today when the president goes after not just Democrats but fellow Republicans who defy him, or won’t back his proposals – a number of whom have announced their retirements rather than lose a primary to a Trump-backed challenger.

We see that Trump-against-the-world approach with his crackdown on D.C. crime  which, despite the home-rule issues, is being welcomed by some liberals (publicly and privately) because folks are scared in a city that can’t even stop teenage carjackings.

The next target is Chicago, which also has a Black mayor, with the Washington Post reporting that there has been weeks of secret planning to send thousands of National Guard troops there. Illinois Gov. J.B. Pritzker has denounced this as an effort to spread fear, and sometimes it seems like the president is at war with urban America.

The underlying motivation is crucial: Trump believes that the Democrats waged ‘lawfare’ against him for four years. There is no evidence that President Biden ordered such efforts, but Trump is convinced that the multiple investigations against him–as in the Stormy Daniels case–were part of a grand scheme to knock him out of the race.

And he has a point. Look at the outrageously illegal fine that Judge Arthur Engoron hit him with in the civil fraud case brought by New York AG Letitia James: $354 million, since grown to $515 million.

This was so blatantly unfair that an appellate court just threw it out as a violation of the Eighth Amendment, barring cruel and unusual punishment. James is appealing, and the court didn’t toss the whole case–the ‘fake’ case, says Trump–but a half-billion-fine over real estate valuations seems pathetically unfair.

But when Trump cried foul, the media reaction was there he goes again, attacking every judge who disagrees with him. But Trump was right about Engoron.

The Trump DOJ, by the way, is now investigating Tish James for allegations of mortgage fraud.

So what the press sees as Trump going after his opponents is, in his eyes, just basic payback, an attempt at getting even.

Having said that…

‘I just watched Sloppy Chris Christie be interviewed on a ratings challenged ‘News’ Show…on ABC Fake News,’ ‘This Week’ hosted by George Stephanopoulos.
‘Can anyone believe anything that Sloppy Chris says? Do you remember the way he lied about the dangerous and deadly closure of the George Washington Bridge in order to stay out of prison, at the same time sacrificing people who worked for him, including a young mother, who spent years trying to fight off the vicious charges against her. Chris refused to take responsibility for these criminal acts. For the sake of JUSTICE, perhaps we should start looking at that very serious situation again?’

Christie, a onetime ally, was Trump’s harshest Republican critic during the campaign. As for the 2013 scandal known as Bridgegate, it was thoroughly investigated and two top Christie aides were convicted, but the Supreme Court, while blasting the conduct, overturned those convictions.

It’s worth pointing out that the decision to close some lanes on the George Washington Bridge, which created traffic chaos, was the governor’s attempt to strike back at a Democratic mayor who refused to endorse him.

‘Time for some traffic problems in Fort Lee,’ wrote one of the convicted aides in a remarkably succinct message.

‘I always thought he got away with murder,’ Trump told reporters yesterday.

Having watched the Sunday shows, the president unloaded on two networks:

‘Despite a very high popularity and, according to many, among the greatest 8 months in Presidential History, ABC & NBC FAKE NEWS, two of the worst and most biased networks in history, give me 97% BAD STORIES. IF THAT IS THE CASE, THEY ARE SIMPLY AN ARM OF THE DEMOCRAT PARTY AND SHOULD, ACCORDING TO MANY, HAVE THEIR LICENSES REVOKED BY THE FCC. I would be totally in favor of that because they are so biased and untruthful, an actual threat to our Democracy!!!’

He added that ABC and NBC should be paying ‘Millions of Dollars a year in LICENSE FEES…Crooked ‘journalism’ should not be rewarded, it should be terminated!!!’

Now networks shouldn’t lose their licenses just because the president doesn’t like their coverage. Maybe they should be paying more for use of the airwaves, but that should apply to all networks; so far they’ve played by the rules.

Trump and John Bolton have been at each other’s throats since the president fired the national security adviser. There was a criminal investigation over Bolton’s 2020 book that Trump tried to stop, but it was cleared for publication.

I take Trump at his word that he didn’t know in advance about the FBI raid on Bolton’s Bethesda home. But twice in the days leading up to the raid, Trump was slamming him online for criticizing his efforts to end the Russia-Ukraine war..

‘Very unfair media is at work on my meeting with Putin. Constantly quoting fired losers and really dumb people like John Bolton, who just said that, even though the meeting is on American soil, ‘Putin has already won.’ What’s that all about?’

After the raid, Trump called Bolton a ‘low-life’ and a ‘sleazebag’ who suffers from ‘major Trump Derangement Syndrome.’

But two things can be true at once. Trump prosecutors had to show convincing evidence to a special court to get the search warrant approved. So it’s possible that Bolton did hang on to some classified documents.

After the raid, Trump posted that Bolton was among the ‘stupid people’ who were making it ‘much harder’ for him to end the war by ripping his approach to Putin.

I’ve known John Bolton for years–he used to be a Fox contributor–and I’m surprised he’s made no comment. There was just a little wave at the press pack when he returned home.

Next up: Wes Moore, Maryland’s first Black governor.

They’ve been jabbing each other back and forth, which is fine. But then the president posted this:

‘Governor Wes Moore of Maryland has asked, in a rather nasty and provocative tone, that I ‘walk the streets of Maryland’ with him. I assume he is talking about out of control, crime ridden, Baltimore? As President, I would much prefer that he clean up this Crime disaster before I go there for a ‘walk.’ Wes Moore’s record on Crime is a very bad one.’.

There’s more: 

Trump ‘offered’ to deploy troops to Baltimore – which has a serious crime problem – after which he would accept Moore’s invitation to meet him on the streets.

Then came the threat: ‘I gave Wes Moore a lot of money to fix his demolished bridge. I will now have to rethink that decision???’

Moore has been rebuilding the Francis Scott Key Bridge since a reckless and out-of-control tanker destroyed it early last year. And for the record, Congress approved the funds as part of a package during the final stretch of the Biden administration.

But put that aside. Who would be hurt if Trump carried out this threat?

Millions of people in Maryland who rely on the bridge, or whose jobs are tied to commerce in that region.

So Trump is openly suggesting to use the official power of government to withhold funds that would hurt ordinary citizens. That is more troubling than the punching and counterpunching with Bolton and Christie. 

For what it’s worth, I don’t think Trump would actually do it. It’s a brushback pitch.

While Trump may view himself as evening the score, one day Democrats will occupy the White House again. They would feel fully justified in going after their opponents as payback for the way they were targeted for investigation. And the endless cycle continues.

This post appeared first on FOX NEWS
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Top 10 Phosphate Countries by Production

Phosphate is mainly used in the form of fertilizer for crops and animal feed supplements. Only 5 percent of world phosphate production is used for other applications, such as corrosion prevention and detergents.

In its 2025 Mineral Commodity Summary, the US Geological Survey (USGS) states that global production of phosphate grew in 2024 alongside demand, totaling 240 million metric tons. Most of 2024 was marked by steady growth in agricultural demand in the face of declining quality reserves.

‘World consumption of P2O5 contained in fertilizers was estimated to have been 47.5 million tons in 2024 compared with 45.8 million tons in 2023,’ the USGS reported. ‘World consumption of P2O5 in fertilizers was projected to increase to 51.8 million tons by 2028. The leading regions for growth were expected to be Asia and South America.’

This list of the top phosphate countries by production is based on data from the USGS. Those interested in the phosphate mining sector will want to keep an eye on phosphate production data and mining companies in these countries.

1. China

Phosphate production: 110 million metric tons
Phosphate reserves: 3.7 billion metric tons

China’s phosphate production increased in 2024 to 110 million metric tons (MT), up from 105 million MT in 2023, placing it as number one on the list of top phosphate-producing countries by a long shot. China has the second largest phosphate reserves in the world at 3.7 billion metric tons of phosphate. The country is also the fourth largest producer of fellow fertilizer mineral potash.

The rise in Chinese output came in despite of the nation’s environmental crackdown on the mining industry. China’s government has placed restrictions on phosphate exports in an effort to drive down domestic prices of the fertilizer with its own supply. In December 2024, China halted new export applications for phosphate due to the rising cost of sulfur. The material is critical in the separation of phosphates from rock.

2. Morocco

Phosphate production: 30 million metric tons
Phosphate reserves: 50 billion metric tons

As the second largest phosphate-producing country, Morocco produced 30 million metric tons of the fertilizer in 2024, down from 33 million MT in the previous year. The North African nation’s phosphate output is expected to increased in the coming years due to ongoing capacity expansions, which are expected to be completed by 2027.

Morocco’s phosphate production comes from state-owned fertilizer company OCP Group’s mines, including its Gantour operation, one of the world’s largest phosphate mines.

Morocco holds the world’s largest phosphate reserves at 50 billion metric tons, accounting for over 67 percent of total global phosphate reserves.

3. United States

Phosphate production: 20 million metric tons
Phosphate reserves: 1 billion metric tons

In 2024, US phosphate mining production totaled 20 million metric tons, up slightly by 400,000 metric tons from the previous year. The nation’s 10 producing phosphate mines are located across four states: Florida, North Carolina, Idaho and Utah.

The two largest phosphate mining companies in the US are Mosaic (NYSE:MOS) and Nutrien (TSX:NTR). Global giant Mosaic’s Florida phosphates operation comprises three producing mines: Four Corners, South Fort Meade and Wingate. The three mines combined for 8,900 MT of phosphate rock concentrate in 2024. Nutrien operates the Aurora mine in North Carolina and White Springs mine in Utah.

Most phosphate rock mined in the US is used for manufacturing phosphoric acid and superphosphoric acid. These types of wet-process phosphate products are used for items such as animal feed supplements. About a quarter of this is exported in the form of merchant-grade phosphoric acid, upgraded granular diammonium and monoammonium phosphate fertilizer, as well as other fertilizer products, according to the USGS.

4. Russia

Phosphate production: 14 million metric tons
Phosphate reserves: 2.4 billion metric tons

Russia produced 14 million metric tons of phosphate in 2024, down by 1 million MT from the previous year, and the country’s phosphate reserves total 2.4 billion metric tons. Russia is also the second largest producer of potash.

A significant portion of Russia’s phosphate is produced by PhosAgro subsidiary Apatit from apatite minerals at the Khibiny deposit, which is located east of Finland in Russia’s Kola Peninsula. Phosphate operations are also found in Perm Krai at the Oleniy Ruchey apatite mine and processing facility owned by the Acron Group’s North-Western Phosphorous Company.

European nations were previously Russia’s biggest phosphate customers in the global market, but the country’s war in Ukraine initially had an impact, directly influencing phosphate prices. However, Russian phosphate exports were supported through increases in shipments to countries including India and Brazil.

5. Jordan

Phosphate production: 12 million metric tons
Phosphate reserves: 1 billion metric tons

Jordan’s phosphate production came in at 12 million metric tons in 2024, rising slightly from the previous year. Jordan’s phosphate reserves stand at an estimated 1 billion MT.

The country’s sole phosphate producer is state-owned Jordan Phosphate Mines Company, which operates as a phosphate miner and fertilizer producer. The company bills itself as the second largest phosphate exporter and the sixth largest producer of phosphate in the world, with combined production capacity between its three mines exceeding 11 million metric tons of phosphate annually.

6. Saudi Arabia

Phosphate production: 9.5 million metric tons
Phosphate reserves: 1 billion metric tons

Saudi Arabia produced 9.5 million metric tons of phosphate in 2024, down by 400,000 MT from 2023’s output level. The country is sitting on 1 billion MT of phosphate reserves. The Saudi Arabian Mining Company, also known as Ma’aden, produces up to 5 million metric tons of concentrated phosphate rock per year.

The Wa’ad Al Shamal Minerals Industrial City, an integrated phosphate fertilizer production complex, is a US$8 billion joint venture investment between Ma’aden at 60 percent, chemical manufacturer Saudi Basic Industries (TADAWUL:2010) at 15 percent and US fertilizer giant Mosaic at 25 percent. However, in January 2025, Mosaic sold its stake for US$1.5 billion in Ma’aden shares, bringing the latter company’s interest to 85 percent.

7. Brazil

Phosphate production: 5.3 million metric tons
Phosphate reserves: 1.6 billion metric tons

Brazil, another of the top phosphate countries by production, produced 5.3 million metric tons of phosphate in 2024, nearly on par with its production in the previous year. Brazil has a booming agricultural sector and is one of the world’s largest fertilizer consumers and importers. More phosphate production capacity in the country is expected to come online in 2027.

Mosaic is the country’s largest producer of both phosphate and nitrogen, and it also operates Brazil’s only potash mine. Swedish fertilizer company Eurochem launched a new US$1 billion phosphate fertilizer production facility in the State of Minas Gerais, Brazil, in April 2024. The facility has a phosphate mine and plant complex with an annual production capacity of 1 million MT of advanced phosphate fertilizers.

8. Egypt

Phosphate production: 5 million metric tons
Phosphate reserves: 2.8 billion metric tons

Egypt’s phosphate-mining production in 2024 totalled 5 million metric tons, on par with 2023 output levels. According to the US Geological Survey, Egypt’s phosphate reserves now sit at 2.8 billion MT.

The phosphate company Misr Phosphate operates the Abu Tartour, the Sibaiya and the Red Sea mines, all of which host high grades of phosphate.

9. Peru

Phosphate production: 4.7 million metric tons
Phosphate reserves: 210 million metric tons

Peru produced 4.7 million metric tons of phosphate in 2024, down by 300,000 MT from the previous year. About 98 percent of US phosphate imports originate from Peru.

Peru’s investment agency ProInversión made a US$940 million commitment in mid-2024 for the expansion Fosfatos del Pacífico’s Bayóvar mine in the Piura region, which is expected to bolster the country’s domestic phosphate production for the next 10 years.

10. Tunisia

Phosphate production: 3.3 million metric tons
Phosphate reserves: 2.5 billion metric tons

Tunisia’s phosphate output in 2024 totaled 3.3 million metric tons, down from 3.6 million metric tons the previous year. Tunisia is home to the fourth highest phosphate reserves in the world at 2.5 billion metric tons.

The North African country has been rising among the ranks of the world’s largest phosphate producing nations. In 2023 Tunisia’s state-owned phosphate firm Gafsa Phosphate Company ramped up its production as part of its US$76 million investment program.

FAQS for phosphate

What are phosphates?

Phosphates are compounds that usually include phosphorous and oxygen, and can have one or more common elements, such as sodium, calcium, potassium and aluminum.

Where are phosphate compounds found?

Phosphate is mostly found in phosphate rock, a non-detrital sedimentary rock that contains high amounts of phosphate minerals. Phosphate rock can come in different forms such as quartz, calcite, dolomite, apatite, iron oxide minerals and clay minerals.

Is phosphate the same as phosphorus in fertilizer?

Phosphate is the natural source of phosphorous, which provides essential nutrients for plant growth and development.

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

This post appeared first on investingnews.com
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U.S. could take stakes in more firms, White House adviser says

The U.S. government could take equity stakes in more companies, potentially through an American sovereign wealth fund, according to one of President Donald Trump’s top economic advisers.

National Economic Council Director Kevin Hassett made the comments Monday, days after the United States took a nearly 10% stake in Intel. The government secured a piece of the semiconductor maker with money intended for grants as part of the CHIPS and Science Act, passed during the Biden administration.

Speaking about the new Intel position, Hassett told CNBC: “It’s like a down payment on a sovereign wealth fund, which many countries have.” Governments throughout Europe, Asia and the Middle East use such funds to invest in companies and other financial assets.

The federal government has taken ownership stakes in private companies before, but only under extraordinary circumstances, such as during the global financial crisis of 2008.

Hassett said the Intel investment was a ‘very, very special circumstance because of the massive amount of CHIPS Act spending that was coming Intel’s way.’

He added: “So I’m sure that at some point there’ll be more transactions, if not in this industry, in other industries.’

The CHIPS Act was established as a way for the government to provide financing and capital to foreign and domestic companies that manufactured semiconductors and related products in the United States.

Americans and the American economy received the benefit of more than $200 billion in private capital investments since the act was signed into law, according to the Council on Foreign Relations. Many companies also announced plans to create new U.S. manufacturing and construction jobs.

Hassett has said the money was ‘going out and disappearing into the ether.’

He has also said, ‘We’re absolutely not in the business of picking winners and losers.’ However, the United States is now Intel’s largest single shareholder. The administration has also taken a ‘golden share’ in U.S. Steel as part of approving its merger with Japan’s Nippon Steel. Trump also said he negotiated with Nvidia CEO Jensen Huang to take a 15% cut of the chipmaker’s revenue from some chips sold in China. He also has a similar deal with rival chipmaker AMD.

Later Monday, Trump said, ‘I want them to do well anyway, but I want them to do well in particular now.’

He added, ‘I hope I’m going to have many more cases like’ the Intel stake. Asked whether taking equity stakes in private companies was the new way of doing business in the United States, Trump responded: ‘So are tariffs.’

After Hassett’s interview, Trump said on Truth Social: ‘I PAID ZERO FOR INTEL, IT IS WORTH APPROXIMATELY 11 BILLION DOLLARS. All goes to the USA.’ He also said he would ‘help those companies that make such lucrative deals with the United States.’

It was unclear why Trump said the United States did not pay anything for the stake. The government purchased 433.3 million Intel shares at $20.47 each, which equates to $8.9 billion.

Trump has also pushed companies to change course on key products, such as when he pre-emptively announced that Coca-Cola would add cane sugar to an American version of its namesake product.

Trump has also threatened firms such as Amazon, Mattel, Hasbro and Walmart with retaliation for hiking prices as a result of his sweeping global tariff regime.

Trump intervention in private industry has sparked widespread criticism, some of it from Republicans. Trump’s former U.N. ambassador Nikki Haley, a former Boeing board member, said on X: ‘Intel will become a test case of what not to do.’

After the CNBC interview, NBC News asked Hassett about setting up a sovereign wealth fund.

‘As we acquire things like Intel, then there’s sort of a question of where it goes and it’s held by the U.S. Treasury. And if the U.S. Treasury has more of that stuff, that is starting to look like [a] sovereign wealth fund, whether an official sovereign wealth fund is established is another question,’ he said.

‘But it’s not unprecedented for the U.S. to own equity’ in private companies, he added.

The United States took equity stakes in private companies during the global financial meltdown of 2008 and 2009.

Then, it bought troubled assets and took equity stakes in the likes of JPMorgan, Wells Fargo, Citigroup, Bank of America, AIG and other systemically important firms to stabilize the global financial system.

Trump has expanded his power over the business world, fueled by his view that the U.S. economy is like ‘a department store, and we set the price.’

‘I meet with the companies, and then I set a fair price, what I consider to be a fair price, and they can pay it, or they don’t have to pay it,’ Trump said in an April interview.

This post appeared first on NBC NEWS
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Trump opens door to 600,000 Chinese students amid Beijing trade talks

Donald Trump said 600,000 Chinese students would be allowed into the U.S. to study at colleges amid ongoing trade talks with China.

Speaking at the White House Monday, the president’s announcement signals a potential thaw in U.S.-China relations after escalating tariffs and restrictions on Chinese students.

‘I hear so many stories that we’re not going to allow their students,’ Trump told reporters.

‘We’re going to allow their students to come in. It’s very important, 600,000 students. It’s very important. But we’re going to get along with China,’ he added.

Trump’s student visa offer comes against the backdrop of trade talks with the Chinese government.

Earlier this year, the administration imposed a 145% tariff on all Chinese goods, prompting Beijing to retaliate with a 125% tariff on U.S. exports.

Negotiators in Geneva agreed in May to pause additional levies, but Trump has continued to warn of further penalties.

Last week, he floated a 200% tariff on Chinese-made magnets, citing what he described as Beijing’s ‘monopoly’ over the global market.

‘I don’t think we’re going to have a problem with that,’ Trump told reporters.

‘China, intelligently, went and they sort of took a monopoly on the world’s magnets. It’ll probably take us a year to have them,’ he said.

Currently, about 270,000 Chinese students are enrolled in U.S. universities.

In May, Secretary of State Marco Rubio announced plans to ‘aggressively revoke’ visas for Chinese nationals, particularly those tied to the Communist Party or sensitive research fields.

Trump has since shifted tone, telling reporters in June that he has ‘always been in favor’ of welcoming students from China.

Trump’s remarks on admitting Chinese students came ahead of a meeting with South Korean President Lee Jae Myung.

When he was asked about a possible summit with Chinese President Xi Jinping, he sounded positive. He said he would like to meet him this year.

‘As you know, we’re, we’re taking a lot of money in from China because of the tariffs and the different things. It’s a very important relationship,’ Trump said. ‘It’s a much better relationship economically than it was before with Biden. But he allowed that. They just took him to the cleaners.’

This post appeared first on FOX NEWS
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Alvopetro Announces Production Results from Murucututu 183-D4 Well and an Operational Update

Alvopetro Energy Ltd. (TSXV: ALV,OTC:ALVOF) (OTCQX: ALVOF) announces initial production results from our recently completed 183-D4 Murucututu well (100% working interest) and an operational update.

President & CEO, Corey C. Ruttan commented:

‘The initial results from our 183-D4 well are extremely encouraging and have allowed us to post record daily natural gas production levels from our 100% owned Murucututu asset. This result reinforces our vision for Murucututu and our long-term growth objectives.’

Operational Update

Brazil

On our 100% owned Murucututu field, the 183-D4 well was drilled in the second quarter to a total measured depth of 3,072 metres. The well encountered the Caruaçu Member of the Maracangalha Formation 106 metres structurally updip of our 183-A3 well which has been on production since the fourth quarter of 2024. Based on cased-hole gamma ray logs and normalized gas while drilling, the well encountered potential natural gas pay in the Caruaçu Member of the Maracangalha Formation, with an aggregate 61 metres total vertical depth (‘TVD’) of potential natural gas pay between 2,439 and 2,838 metres TVD. We completed the well in seven intervals. The well went through an initial 116-hour cleanup period, recovering 2,620 barrels of completion fluid and 132 barrels of natural gas liquids. After this initial cleanup period, we flowed the well for 70 hours at a constant 32/64’choke at an average rate of 162 e 3 m 3 /d (5.7 MMcfpd, 953 boepd) with a 1,401psi flowing wellhead pressure. During this period, we also recovered a total of 995 barrels of completions fluid and 174 barrels of natural gas liquids. Average natural gas liquids (condensate) production during the flow period was 60 boepd. The flow rate over the last hour was 161 e 3 m 3 /d (5.7 MMcfpd, 947 boepd) with 1,384 psi flowing wellhead pressure. There are 12,190 barrels of 15,806 barrels of completions fluid left to recover. Given these extremely strong production results we are currently producing the Murucututu field from this single well as we are limited by our current facility capacity at Murucututu. As we continue to monitor these initial flow results, we will be evaluating options to improve production capacity of the system to allow for more production from the Murucututu field.

Our joint development on the unitized area (‘the Unit’) which includes our Caburé field commenced in the second quarter and four wells (2.2 net) have now been drilled. We have just commenced the completion program and expect to have the additional production online by the end of the third quarter. These development wells were primarily drilled to extend and enhance the productive plateau of the Unit and the results will also be incorporated into future Unit working interest redeterminations. The timing of drilling the fifth development well (0.6 net) is subject to the receipt of all necessary regulatory approvals.

Development Activities – Western Canada

In June, we further expanded our joint Mannville focused land based to 17,780 gross acres (8,890 net acres) and in July, two additional multi-lateral wells (1.0 net) were drilled with an aggregate of over 19 kilometers of open hole reservoir contact. Both wells have been completed and equipped and have just commenced production. Following a clean-up flow period, we will commence oil sales from these two new wells.

Corporate Presentation

Alvopetro’s updated corporate presentation is available on our website at: http://www.alvopetro.com/corporate-presentation .

Social Media

Follow Alvopetro on our social media channels at the following links:

Twitter – https://twitter.com/AlvopetroEnergy
Instagram – https://www.instagram.com/alvopetro/
LinkedIn – https://www.linkedin.com/company/alvopetro-energy-ltd

Alvopetro Energy Ltd. is deploying a balanced capital allocation model where we seek to reinvest roughly half our cash flows into organic growth opportunities and return the other half to stakeholders. Alvopetro’s organic growth strategy is to focus on the best combinations of geologic prospectivity and fiscal regime. Alvopetro is balancing capital investment opportunities in Canada and Brazil where we are building off the strength of our Caburé and Murucututu natural gas fields and the related strategic midstream infrastructure.

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

Abbreviations:

boepd                    =

barrels of oil equivalent (‘boe’) per day

bopd                      =

barrels of oil and/or natural gas liquids (condensate) per day

e 3 m 3 /d                   =

thousand cubic metre per day

m 3 =

cubic metre

m 3 /d                      =

cubic metre per day

Mcf                        =

thousand cubic feet

Mcfpd                    =

thousand cubic feet per day

MMcf                     =

million cubic feet

MMcfpd                 =

million cubic feet per day

NGLs                    =

natural gas liquids (condensate)

psi                         =

pounds per square inch

BOE Disclosure

The term barrels of oil equivalent (‘boe’) may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet per barrel (6 Mcf/bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. All boe conversions in this news release are derived from converting gas to oil in the ratio mix of six thousand cubic feet of gas to one barrel of oil.

Well Results

Data obtained from the 183-D4 well identified in this press release, including cased-hole logging data, potential net pay and initial production results should be considered preliminary. There is no representation by Alvopetro that the data relating to the 183-D4 well contained in this press release is necessarily indicative of long-term performance or ultimate recovery. The reader is cautioned not to unduly rely on such data as such data may not be indicative of future performance of the well or of expected production or operational results for Alvopetro in the future.

Forward-Looking Statements and Cautionary Language

This news release contains forward-looking information within the meaning of applicable securities laws. The use of any of the words ‘will’, ‘expect’, ‘intend’, ‘plan’, ‘may’, ‘believe’, ‘estimate’, ‘forecast’, ‘anticipate’, ‘should’ and other similar words or expressions are intended to identify forward-looking information. Forward‐looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the expectations discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events. Accordingly, when relying on forward-looking statements to make decisions, Alvopetro cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties. More particularly and without limitation, this news release contains forward-looking statements concerning future production and sales volumes, the expected timing of production and sales commencement from certain wells, and plans relating to the Company’s operational activities, proposed development activities and the timing for such activities. Forward-looking statements are necessarily based upon assumptions and judgments with respect to the future including, but not limited to the success of future drilling, completion, testing, recompletion and development activities and the timing of such activities, the performance of producing wells and reservoirs, well development and operating performance, expectations and assumptions concerning the timing of regulatory licenses and approvals, equipment availability, environmental regulation, including regulations relating to hydraulic fracturing and stimulation, the ability to monetize hydrocarbons discovered, the outlook for commodity markets and ability to access capital markets, foreign exchange rates, the outcome of any disputes, the outcome of redeterminations, general economic and business conditions, forecasted demand for oil and natural gas, the impact of global pandemics, weather and access to drilling locations, the availability and cost of labour and services, and the regulatory and legal environment and other risks associated with oil and gas operations. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. Current and forecasted natural gas nominations are subject to change on a daily basis and such changes may be material. In addition, the declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. Although we believe that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because we can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, reliance on industry partners, availability of equipment and personnel, uncertainty surrounding timing for drilling and completion activities resulting from weather and other factors, changes in applicable regulatory regimes and health, safety and environmental risks), commodity price and foreign exchange rate fluctuations, market uncertainty associated with trade or tariff disputes, and general economic conditions. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Although Alvopetro believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Alvopetro can give no assurance that it will prove to be correct. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on factors that could affect the operations or financial results of Alvopetro are included in our AIF which may be accessed on Alvopetro’s SEDAR+ profile at www.sedarplus.ca . The forward-looking information contained in this news release is made as of the date hereof and Alvopetro undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

www.alvopetro.com
TSX-V: ALV, OTCQX: ALVOF

SOURCE Alvopetro Energy Ltd.

Cision View original content: http://www.newswire.ca/en/releases/archive/August2025/25/c1020.html

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Silver47 Announces $14 Million Brokered LIFE Financing

Silver47 Exploration Corp. (TSXV: AGA,OTC:AAGAF) (OTCQB: AAGAF) (‘Silver47’ or the ‘Company’) is pleased to announce that it has entered into an agreement with Research Capital Corporation, to act as lead agent and sole bookrunner, on behalf of a syndicate of agents including Eventus Capital Corp. and Haywood Securities Inc., in connection with a brokered private placement (the ‘Offering’) of up to 20,000,000 units (each, a ‘Unit’) at a price of $0.70 per Unit, for aggregate gross proceeds of up to $14,000,000.

Each Unit will be comprised of one common share of the Company (a ‘Common Share‘) and one-half of one Common Share purchase warrant (each whole warrant, a ‘Warrant‘). Each whole Warrant shall be exercisable to acquire one Common Share at a price of $1.00 per Common Share for a period of 36 months from the closing of the Offering.

The Company intends to use the net proceeds of the Offering for further exploration work on the Company’s projects and for general working capital purposes.

In addition, the Company has granted the Agents an option (the ‘Agents’ Option‘) to increase the size of the Offering by up to $2,100,000 by giving written notice of the exercise of the Agent’s Option, or a part thereof, to the Company at any time up to 48 hours prior to closing of the Offering.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106‘), the Units are being offered for sale to purchasers resident in all provinces of Canada, except Quebec, in reliance on the ‘listed issuer financing exemption’ from the prospectus requirement available under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemptions (the ‘Listed Issuer Financing Exemption‘). The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.

There is an offering document (the ‘Offering Document‘) related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.silver47.ca. Prospective investors should read this Offering Document before making an investment decision.

The Company expects to close the Offering on or about September 16, 2025, or such other date as mutually agreed by the Company and the Agents. The Offering remains subject to the satisfaction of certain conditions including the receipt of all necessary regulatory approvals, and the approval of the TSX Venture Exchange.

The Company has agreed to pay to the Agents a cash commission equal to 6% of the gross proceeds of the Offering, subject to a reduction for orders on a president’s list. In addition, the Company has agreed to issue to the Agents broker warrants of the Company exercisable for a period of 36 months, to acquire in aggregate that number of common shares of the Company which is equal to 6% of the number of Units sold under the Offering, subject to a reduction for orders on a president’s list, at an exercise price of $0.70.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘1933 Act‘) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Silver47 Exploration

Silver47 Exploration Corp. is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The Company is creating a leading high-grade US-focused silver developer with a combined resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq Indicated. With operations in Alaska, Nevada and New Mexico, Silver47 Exploration is anchored in America’s most prolific mining jurisdictions. For detailed information regarding the Company’s properties, please refer to the technical reports and other filings available on SEDAR at www.sedarplus.ca.

For more information about the Company, please visit www.silver47.ca.

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    On Behalf of the Board of Directors
    Mr. Galen McNamara
    CEO & Director

    For investor relations
    Giordy Belfiore
    604-288-8004
    gbelfiore@silver47.ca

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

    FORWARD-LOOKING STATEMENTS

    This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. ‘Forward-looking information’ includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the expectation that the Offering will close in the timeframe and on the terms as anticipated by management, that the Offering will be completed at all, and the use of proceeds. Generally, but not always, forward-looking information and statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’ or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’ or the negative connotation thereof.

    Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company will complete the Offering in the timeframe and on the terms as anticipated by management, and that the Company will receive all regulatory and Exchange approvals. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

    Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to the failure to complete the Offering at all or in the timeframe and on the terms as anticipated by management, market conditions and timeliness of regulatory approvals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

    Corporate Logo

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263859

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    Tavi Costa: Gold’s Next Catalyst, Silver’s Path to US$50, Copper Opportunity

    Tavi Costa, macro strategist at Crescat Capital, shares his thoughts on gold, including what could unleash the yellow metal’s next move higher.

    He sees a ‘major collapse’ in the US dollar, saying a break in a key support line could boost gold.

    Costa also shares his outlook for silver and copper.

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

    This post appeared first on investingnews.com
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    Keurig Dr Pepper to buy Peet’s Coffee owner in $18 billion deal

    Keurig Dr Pepper said Monday it will buy Peet’s Coffee owner JDE Peet’s in a deal worth about $18 billion (15.7 billion euro).

    When the acquisition is complete, the company plans to split into two separate companies, one focused on coffee and the other focused on beverages including Dr Pepper, Canada Dry, 7Up and energy drinks.

    The coffee business will have about $16 billion in combined sales and the beverage business about $11 billion.

    “Through the complementary combination of Keurig and JDE Peet’s, we are seizing an exceptional opportunity to create a global coffee giant,” said Tim Cofer, Keurig Dr Pepper’s CEO.

    In addition to Peet’s, Amsterdam-based JDE Peet’s brands include L’OR, Jacobs, Douwe Egberts, Kenco, Pilao, OldTown, Super and Moccona.

    Once the two companies are separated, Cofer will become CEO of the beverage business, which will be based in Frisco, Texas, and Keurig Dr Pepper CFO Sudhanshu Priyadarshi will lead the coffee business, which will be located in Burlington, Mass., with its international headquarters in Amsterdam.

    This post appeared first on NBC NEWS
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    Epstein estate hit with new House subpoena for ‘client list,’ call logs

    The House Oversight Committee took significant steps to widen its probe into Jeffrey Epstein on Monday, including subpoenaing the late pedophile’s estate.

    Committee Chair James Comer, R-Ky., sent a letter to attorneys representing Epstein’s estate, requesting a slew of documents by Sept. 8.

    ‘The Committee on Oversight and Government Reform is reviewing the possible mismanagement of the federal government’s investigation of Mr. Jeffrey Epstein and Ms. Ghislaine Maxwell, the circumstances and subsequent investigations of Mr. Epstein’s death, the operation of sex-trafficking rings and ways for the federal government to effectively combat them, and potential violations of ethics rules related to elected officials,’ Comer wrote.

    ‘It is our understanding that the Estate of Jeffrey Epstein is in custody and control of documents that may further the Committee’s investigation and legislative goals. Further, it is our understanding the Estate is ready and willing to provide these documents to the Committee pursuant to a subpoena.’

    Comer also announced that the committee would hear from Alexander Acosta, a former Trump administration labor secretary who also served as U.S. attorney for the Southern District of Florida when Epstein entered into a non-prosecution agreement with the federal government in 2008.

    Acosta is appearing before the committee for a closed-door transcribed interview on Sept. 19. He was not compelled via subpoena. 

    The controversial agreement, which Acosta signed off on, was concealed from more than 30 of Epstein’s underaged victims, according to The Miami Herald.

    Epstein pleaded guilty in 2008 to two state charges in Florida of soliciting and procuring a minor for prostitution, avoiding more severe federal charges. He ended up serving 13 months in county jail with the benefit of a work-release program, made confidential settlements with some victims, and registered as a sex offender. 

    It also allowed co-conspirators to avoid charges – a major point of contention during his accomplice Ghislaine Maxwell’s federal trial in late 2021. It’s also the basis of Maxwell’s appeal to the Supreme Court to overturn her guilty verdict.

    Documents subpoenaed by Comer include all entries in a book compiled by Maxwell for Epstein’s 50th birthday, Epstein’s will, and information on the non-prosecution agreement.

    Information is being sought on Epstein’s financial transactions, call and visitor logs, and ‘any document or record that could reasonably be construed to be a potential list of clients involved in sex, sex acts, or sex trafficking facilitated by Mr. Jeffrey Epstein,’ according to a copy of the subpoena viewed by Fox News Digital.

    An attorney for the executors of Epstein’s estate told Fox News Digital they were reviewing the subpoena. ‘As the Co-Executors have always said, they will comply with all lawful process in this matter, and that includes the Committee’s subpoena,’ the attorney said.

    The House Oversight Committee sent a flurry of subpoenas regarding Epstein earlier this month, kicking off a bipartisan investigation into the late pedophile.

    Comer sought depositions from former FBI directors Robert Mueller and James Comey, ex-attorneys general Bill Barr and Loretta Lynch, as well as former President Bill Clinton and former Secretary of State Hillary Clinton. Barr testified last week.

    The subpoenas were directed via a bipartisan vote during an unrelated House Oversight subcommittee hearing on illegal immigrant children in late July.

    Renewed interest in Epstein’s case has gripped Capitol Hill after the DOJ’s handling of the matter spurred a GOP revolt by far-right figures.

    The DOJ effectively declared the case closed after an ‘exhaustive review,’ revealing Epstein had no ‘client list,’ did not blackmail ‘prominent individuals,’ and confirmed he did die by suicide in a New York City jail while awaiting prosecution.

    Democrats seized on the discord with newfound calls for transparency in Epstein’s case, spurring accusations of hypocrisy from their Republican colleagues.

    Indeed, the bipartisan unity that the investigation was kicked off with quickly disintegrated after the first witness, Barr, was deposed last week.

    Reps. Suhas Subramanyam, D-Va., and Jasmine Crockett, D-Texas, who attended part of Barr’s deposition, left the room roughly halfway through the sit-down and accused Republicans of insufficiently probing questions during their allotted time to depose Barr.

    Comer, who argued those accusations were baseless, implored Democrats not to politicize a bipartisan investigation.

    Divisions deepened after Comer said Barr had no knowledge of, nor did he believe, any implications of wrongdoing on President Donald Trump’s part related to Epstein.

    House Oversight Committee ranking member Rep. Robert Garcia, D-Calif., who was not in the room, released a statement after the deposition, claiming Barr did not clear Trump.

    This post appeared first on FOX NEWS
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    Crescent Energy Boosts Status with US$3.1 Billion Vital Energy Buyout

    Crescent Energy (NYSE:CRGY) has agreed to acquire rival Vital Energy (TSXV:VUX,OTC:SNYXF) in an all-stock, US$3.1 billion transaction that will vault the Houston-based firm into the ranks of the 10 largest independent oil and gas producers in the United States.

    The combined company will hold operations across several major US oil basins, including the Eagle Ford, Permian, and Uinta, with more than a decade of high-quality drilling inventory.

    Crescent said it intends to apply its “lower activity, higher free cash flow” approach to the newly acquired assets, targeting improved investor returns through disciplined capital allocation.

    The company projects US$90 million to US$100 million in immediate annual synergies from the merger. It also highlighted plans to divest up to US$1 billion in non-core assets to strengthen its balance sheet and improve capital flexibility.

    The deal will create the largest US liquids-weighted producer without an investment grade credit rating, but management signaled that a stronger balance sheet and synergies will push the company closer to that status.

    Under the terms of the agreement, Vital shareholders will receive 1.9062 shares of Crescent Class A common stock for each Vital share, representing a 15 percent premium to Vital’s 30-day average trading price as of Friday (August 22).

    When the deal closes, Crescent shareholders will own about 77 percent of the combined company and Vital shareholders roughly 23 percent.

    “This transaction is transformative for Crescent and consistent with our strategy,” said Crescent Chairman John Goff. “Crescent’s impressive trajectory of returns-driven growth through M&A has cemented the company as a top ten independent, with line of sight to an investment grade credit rating.”

    Crescent CEO David Rockecharlie called the deal “compelling value for all shareholders,” stressing the company’s free cash flow model and US$1 billion divestiture pipeline will drive sustainable growth.

    Shares of Vital Energy rose more than 10 percent on Monday (August 25) to US$17.43 following the announcement, while Crescent stock fell 7.6 percent to US$9.19.

    For Crescent, the acquisition marks another step in its M&A-driven growth strategy.

    Last year, the company completed its US$2.1 billion merger with SilverBow Resources, significantly expanding its position in the Eagle Ford Shale.

    Oil market rebounds

    More broadly, the oil market has started the week on a positive note.

    After slipping to US$64.98 and US$61.97 on August 13, Brent and WTI crude (respectively) have been steadily climbing, nearing a three week high Monday, when values reached US$69.06 (Brent) and US$65.01.

    The gain has been linked to a significant 6 million–barrel drawdown in US crude inventories signaling stronger-than-expected demand, supporting a recovery after several weeks of losses.

    Additionally, tight global supplies and geopolitical uncertainty linked to stalled Ukraine peace negotiations added tailwinds. However, rising OPEC+ output forecasts continue to weigh on long-term sentiment, placing a ceiling on further upside.

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

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