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The FBI subpoenaed Kash Patel and Susie Wiles’ phone records in 2022 and 2023, when both were private citizens, as part of a federal probe into Donald Trump, Fox News has confirmed.

Patel is the current FBI director, and Wiles is White House chief of staff.

At least a handful of FBI employees were fired Wednesday, Fox News has been told. Names were not given due to privacy reasons.

Reuters first disclosed the subpoenas, which were issued during the Biden administration, while special counsel Jack Smith was investigating Trump’s efforts to overturn the 2020 election and his handling of classified documents at Mar-a-Lago.

Smith ended up charging Trump in 2023 with multiple felony offenses related to alleged efforts to challenge the results of the 2020 election and Trump’s handling of the documents after he left office.

A federal judge later dismissed the election interference case after Smith moved to drop it following Trump’s re-election, citing a Justice Department policy against prosecuting a sitting president. 

Smith also dropped the Justice Department’s appeal of a separate ruling that dismissed the classified documents case. Trump has denied any wrongdoing in both matters.

In a statement to Fox News Wednesday, Patel called the move to seize the phone records ‘outrageous and deeply alarming.’ 

‘It is outrageous and deeply alarming that the previous FBI leadership secretly subpoenaed my own phone records — along with those of now White House chief of staff Susie Wiles — using flimsy pretexts and burying the entire process in prohibited case files designed to evade all oversight,’ he said.

The FBI had found the phone records in files labeled as ‘Prohibited,’ Reuters reported.

Patel also said he recently ended the FBI’s ability to categorize files as ‘Prohibited.’

Smith testified last year that records of members’ calls helped investigators verify the timeline of events surrounding the Jan. 6 Capitol riot.

He said prosecutors ‘followed all legal requirements in getting those records’ and told a House panel the records obtained from lawmakers did not include the content of conversations, Reuters reported.

This is a developing story. Please check back for updates.

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Vice President JD Vance announced Wednesday that the Trump administration is temporarily halting Medicaid funding to the state of Minnesota, giving Democratic Minnesota Gov. Tim Walz 60 days to clean up how the state doles out funding. 

‘We have decided to temporarily halt certain amounts of Medicaid funding that are going to the state of Minnesota in order to ensure that the state of Minnesota takes its obligations seriously to be good stewards of the American people’s tax money,’ Vance said Wednesday in a press event attended by Administrator for the Centers for Medicare & Medicaid Services Mehmet Oz. 

The announcement comes after President Donald Trump railed against fraud in the Gopher State Tuesday evening in his State of the Union address. 

The administration and Congress have zeroed in on rampant abuse of federal taxpayers’ funds since December 2025, when details of Minnesota’s fraud surrounding social programs and welfare programs stretching back to the COVID-19 pandemic first came under the national spotlight. Investigators have since estimated the Minnesota scheme could top $9 billion. 

Trump pointed to his vice president as leading the administration’s ‘war on fraud’ amid his State of the Union remarks. 

Vance explained Wednesday that ‘we are stopping the federal payments that will go to the state government until the state government takes its obligations seriously to stop the fraud that’s being perpetrated against the American taxpayer.’

The vice president continued that officials have verified that a program in Minnesota intended to provide after-school care to autistic children actually benefited fraudsters. 

‘A lot of people are getting rich off the generosity of American taxpayers,’ Vance said. ‘But more fundamentally, and more importantly than that, it means that there are kids in Minnesota who deserve these services, who need these services, and they’re not going to those kids. They’re going to fraudsters in Minneapolis. That is unacceptable. And that’s the sort of thing that we’re cutting off with this action today.’ 

Oz added that it is that the pause marks ‘the largest action against fraud that we’ve ever taken’ at the Centers for Medicare & Medicaid Services, before launching into how the administration is deferring funds to the state.

‘It’s going to be $259 million of deferred payments for Medicaid to Minnesota, which we’re announcing as I speak, to Governor Walz and his team,’ Oz said. ‘That’s based on an audit of the last three months of 2025. Restated: a quarter billion dollars is not going to be paid this month to Minnesota for its Medicaid claims.’ 

‘We have notified the state and said that we will give them the money, but we’re going to hold it and only release it after they propose and act on a comprehensive corrective action plan to solve the problem,’ Oz said. ‘If Minnesota fails to clean up the systems, the state will rack up $1 billion of deferred payments this year.’

Walz has 60 days to respond to a letter Oz and the administration sent to Walz on the matter, Oz said. 

Fox News Digital reached out to Walz’s office Wednesday afternoon for comment and has yet to receive a reply. 

Oz continued that he believes Walz will take the matter seriously, and noted fraud is not exclusive to Minnesota, but also other states. 

‘These schemes disproportionately involve immigrant communities,’ Oz continued. ‘They’re insulated, they’re able to … organize efforts, and sometimes they don’t understand what’s going on.’ 

Vance added that the administration does not want to make this move, but it is needed due to Minnesota being ‘careless with federal tax dollars.’

‘All we need the governor and the administration of Minnesota to do is something quite simple, which is to show that before you give Medicaid funds to somebody, you’re taking seriously whether they provided the services that they say that they’re providing,’ the vice president said, calling the fraud a ‘disgrace.’

Trump spotlighted the fraud in his State of the Union address Tuesday, underscoring that while Minnesota has taken the spotlight, schemes run deep in other states as well. 

‘When it comes to the corruption that is plundering — it really, it’s plundering America — there’s been no more stunning example than Minnesota, where members of the Somali community have pillaged an estimated $19 billion from the American taxpayer,’ Trump said. ‘Oh, we have all the information.’ 

‘And in actuality, the number is much higher than that, and California, Massachusetts, Maine and many other states are even worse. This is the kind of corruption that shreds the fabric of a nation, and we are working on it like you wouldn’t believe,’ he continued, before naming Vance as the administration leader taking on fraud. 

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Investor Insight

Domestic Metals is advancing the Smart Creek Project in Montana, leveraging an option agreement with Rio Tinto and a newly expanded technical team to target world-class copper and gold discoveries.

Overview

Touted as a ‘central bottleneck of the electrified future’, copper is facing great demand outpacing supply. In a recent outlook, S&P Global estimates the market could potentially face as much as 10 million metric tons by 2040 in copper shortfall.

This gap strategically positions Domestic Metals as an opportunity for investors.

Domestic Metals (TSXV:DMCU,OTCQB:DMCUF,FSE:03E) is an exploration company focused on its flagship Smart Creek Project in Montana, where it aims to discover an underlying porphyry system and Carbonate Replacement Deposit (CRD).

Located in the premier mining-friendly jurisdiction of Montana, the state hosts world-class assets including the Butte Mine, which has produced over 22 billion pounds of copper, and Sandfire Resources’ (ASX:SFR) Black Butte project, containing an updated measured and indicated mineral resource of 18.9 million tonnes at 2.4 percent copper. Smart Creek’s potential is further bolstered by its proximity to significant discoveries like Ivanhoe Electric’s (NYSEAmerican:IE,TSX:IE) Hog Heaven project, which announced the intersection of a porphyry copper-gold-molybdenum system within a large, deep anomaly.

Rio Tinto previously drilled 26 out of 40 permitted sites at Smart Creek over 2.5 years, drilling towards a porphyry centre. The best hole returned 109.73 metres at 0.75 percent copper, which included 89 metres of 0.97 percent copper.

Further to the geology, Domestic Metals is led by a management and technical team with a distinguished track record in mine discovery, development, and multi-million-dollar financings. By leveraging relationships with industry majors and technical expertise in porphyry and CRD systems, Domestic Metals is rapidly advancing its targets toward discovery. This momentum is backed by a proactive approach to the current global critical metal demand and US government mandates prioritizing domestic base metal production.

Company Highlights

  • Exceptional Surface Grades: The 2025 field campaign returned high-grade samples, highlighted by 102 g/t gold, 23.1 percent copper, and 3,810 g/t silver.
  • World-Class Team: Dr. Peter Megaw, a globally recognized authority on Carbonate Replacement Deposits (CRDs) and discoverer of MAG Silver’s Juanicipio, has joined the team to guide exploration, together with President & CEO Gordon Neal who has had a successful track record building MAG Silver and New Pacific Metals
  • Mining-Friendly Jurisdiction: Operations are focused in Montana, USA, a mining-friendly state ranked 6th in 2024 by the Fraser Institute for investment attractiveness, with a legacy of massive production at the nearby Butte Mine.

Key Project

Smart Creek Project – Montana, USA

The Smart Creek Project is strategically located 100 km southeast of Missoula and 20 km north of Philipsburg, Montana, and has year-round accessibility via a network of highways and gravel roads. The project hosts four compelling exploration targets including porphyry copper, epithermal gold, replacement, and exotic copper. It encompasses 4,187 hectares and features the same geological trend and age as the Butte Mine which has produced over 2.5 billion pounds of copper since 1985, with a projected 32 years of production ahead remaining.

The Smart Creek project is highly prospective for high-grade CRD, copper-gold porphyry systems, and epithermal gold deposits. Domestic Metals has identified four primary targets at Smart Creek:

  • Smart Creek Target: Joint venture partner Rio Tinto previously intersected 109.73m at 0.75 percent copper.
  • Sunrise Mine: A historical producer of high-grade gold-copper replacement mineralization, now showing potential for an underlying porphyry.
  • Radio Tower: A large alteration footprint (1,000m x 1,300m) with coincident copper-in-soil anomalies and IP chargeability features.
  • Smart Creek Exotic: A copper-gold porphyry target identified at depth.

Following a successful 2025 field campaign that significantly increased the mineralized footprint, the company is initiating a 27 line-kilometer electrical geophysics program to refine targets for a 10,000-meter diamond drill program commencing in Q1 2026.

Management Team

Gordon Neal – President, CEO & Director

A founding member of MAG Silver, Neal previously served as VP Corporate Development for Silvercorp Metals and President of New Pacific Metals. He has raised over $750M in the resource sector and has a proven history of building shareholder value through economic discoveries.

Dr. Peter Megaw, Ph.D., C.P.G. – Technical Advisor

Dr. Megaw is a world-renowned CRD expert with over 30 years of experience. He was instrumental in discovering the Juanicipio and Cinco de Mayo properties for MAG Silver, receiving the PDAC Thayer Lindsley Award in 2016 for these achievements.

Dan MacNeil, MSc PGeo – Technical Advisor

A copper and gold specialist with 25+ years of experience, MacNeil contributed significantly to discoveries at Eskay Creek and Donlin Creek. He provides essential technical oversight as a Qualified Person.

Dr. Alan Wainwright, PhD PGeo – Technical Advisor

With 25+ years in mineral exploration, Dr. Wainwright was a member of the Coffee Gold discovery team and completed his PhD research with Ivanhoe Mines at the world-class Oyu Tolgoi mine in Mongolia.

Stuart Ross – CFO

Stuart Ross has served as a senior officer and director for multiple public companies listed on the NASDAQ and TSXV, with extensive experience in the mining and merchant banking sectors.

Patricio Varas – Chairman of the Board

The former CEO of Western Potash, Varas was part of the discovery team for the Diavik Diamond Mine and held executive roles with Far West Mining.

This post appeared first on investingnews.com

Copper prices continue to make gains, driven by supply and demand fundamentals and further boosted by tariff fears.

The price reached a record high on January 29, and while it has since moderated somewhat, several factors have injected fresh concerns and volatility into the market.

Among them has been a traditional slow period for base metals trading, as Chinese manufacturing and construction take an extended pause for Lunar New Year celebrations, essentially flatlining commodity demand during that period.

As China is the world’s largest consumer of copper, the slowdown in key sectors there has injected significant downward pressure on the price of the red metal over the last few weeks.

However, the end of the holiday has coincided with a decision by the Supreme Court of the United States (SCOTUS) that has struck down global tariffs imposed by President Donald Trump in 2025.

While the decision doesn’t affect the 50 percent tariffs on raw copper entering the United States, it does affect tariffs on other goods originating elsewhere, including China and India, which faced high tariffs.

For China, this means that tariffs are likely to fall from 32 percent to 24 percent, and should increase overall demand from manufacturers. However, uncertainty still looms over global markets.

Following the SCOTUS decision on Friday (February 20) Trump responded by reinstating tariffs of 10 percent using different mechanisms, then on Saturday (February 21), he increased the levies to 15 percent.

The new fees can only be imposed for 150 days before they must be submitted to Congress for extension. Although the Republican-led House of Representatives has strongly backed the president in the past, it may face pushback on extending the unpopular tariffs ahead of the mid-term elections in November.

The decision created greater uncertainty in the copper market, as speculation began that the US could seek to extend copper tariffs, which would accelerate the imposition of levies on refined products.

When tariffs were initially applied to copper in August 2025, the White House said fees wouldn’t be applied to refined products until 2027 and 2028.

The combination of restocking in China, tariff fears and a weakening US dollar caused prices to jump in recent days, climbing 2.8 percent on Tuesday (February 24) to US$13,228 per metric ton on the London Metal Exchange and back over the US$6 per pound mark in the United States during afternoon trading on Wednesday (February 25).

Likewise, the price on the Shanghai Metals Market was up, with SMM 1 copper cathode rising by US$119.77 on Wednesday (February 25) to US$13,104.73 per metric ton.

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

This post appeared first on investingnews.com

Texas Attorney General Ken Paxton said he can win the Republican Senate primary even without President Donald Trump’s endorsement.

‘He makes his own decisions,’ Paxton told Fox News Digital. ‘I’m perfectly fine right now. We’re going to win this election either way. And I’m happy with where we’re at, and you’re going to see next Tuesday that we’re going to come out in front.’

Paxton, who was invited by Rep. Troy Nehls, R-Texas, to attend Trump’s State of the Union address, is one of seven challengers vying to unseat longtime Sen. John Cornyn, R-Texas, who is running for a fifth term in the upper chamber.

Early voting has already begun in the Lone Star State, and primary election day is March 3.

Even without a coveted nod from the president, Paxton acknowledged that cutting through the densely packed field would be difficult without the race going to a runoff, but not impossible.

‘It’s hard to win outright, but you know anything’s possible,’ Paxton said. ‘If anybody’s going to do it, it is going to be me.’

Much of the attention has been paid to the three-way fight between Paxton, Cornyn and Rep. Wesley Hunt, R-Texas — a brawl that Trump has chosen to keep at arm’s length. He told reporters last week that he supports all three.

Cornyn is Paxton’s primary target in the crowded field. The two have engaged in a mudslinging back-and-forth on the road and in ads, dumping millions into toppling one another.

When asked about Cornyn’s attacks against him, Paxton said, ‘He’s not a polite man.’

Paxton accused the lawmaker of being ineffective during his 24-year run in the Senate and dubbed him ‘Fake John Cornyn,’ accusing him of selling voters one thing on the trail and doing another in office.

‘He’s been in office since I was in college, and I’m 63,’ Paxton said. ‘And he’s been up here for 24 years. And I don’t care what he says. He’s a deceptive guy, a misleading guy. You know why? Because he doesn’t have a single thing to run on.’

Cornyn wondered if Paxton had ‘been sleeping under a rock somewhere’ when asked about his opponent’s challenges to his record.

‘My Senate office is generally recognized as the most effective office in the Senate, and that’s because we produced important legislation to the state, for the state and for the nation,’ Cornyn told Fox News Digital. ‘And the fact he’s unaware of it just does not speak well to his intelligence or his knowledge.’

Despite Paxton’s confidence that the race would be decided next week, Cornyn believed there would be a runoff between the two.

‘We’ll be rid of him after May 26,’ Cornyn said.

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Hillary Clinton is claiming that Republican voter legislation will make it harder for married women to vote — an assertion GOP lawmakers and officials already say they’ve debunked.

‘You didn’t have to listen to Trump’s rambling speech last night to know that Republicans are trying to make it harder for millions of Americans to vote—especially married women,’ Clinton posted on X Wednesday. ‘They’ve already made it clear. Time to fight back.’ 

Clinton was referring to President Donald Trump’s State of the Union address Tuesday night. 

The president called on Congress to pass the Safeguard American Voter Eligibility (SAVE) America Act, which would tighten election rules and require voters to present a photo ID at the polls and proof of U.S. citizenship.

The president said the legislation is critical in order to stop ‘illegal aliens and other unpermitted persons from voting.’

Congressional Democrats have panned the SAVE Act as a tool of voter suppression — saying it’s a bill that allows the Department of Homeland Security (DHS) to monitor Americans’ voter information and create barriers for married women to vote, among several other claims.

The bill would require proof of citizenship to register to vote in federal elections, mandate states to actively verify and remove noncitizens from voter rolls, expand information sharing with federal agencies, including DHS, to verify citizenship, and create new criminal penalties for registering noncitizens to vote.

But Clinton isn’t alone — other House Democrats earlier in February also similarly claimed that the legislation would leave married women unable to vote unless they changed their birth certificates to match other government-issued ID.

ButRepublicans say they’ve already addressed the claim and debunked it. 

‘This is absolute nonsense, and we specifically allow for a provision to make sure that no one can possibly be left behind,’ Rep. Chip Roy, R-Texas, who led both the SAVE Act and SAVE America Act in the House, said, while arguing Democrats were ‘really reaching’ for criticism.

‘If a woman tried to register to vote with different names on her birth certificate and driver’s license,’ Roy said, ‘we literally put in the statute that all you have to do is sign an affidavit under penalty of perjury that, ‘I am that person. This is my birth certificate… and this is my driver’s license that is reflecting my married name.’’

The bill does list a birth certificate as one way voters can confirm their identity. It does not specify a last-name match requirement.

Voters can use ‘a certified birth certificate issued by a state in which the applicant was born… (that) includes the full name, date of birth and place of birth of the applicant’ to supplement other forms of identification.

Among other forms of valid paperwork, voters can also display a passport, a REAL ID or a military identification card to prove their citizenship.

Conservative legal group The Federalist Society presented a breakdown of the bill, which explicitly says that Americans who have changed their names — because of marriage or otherwise — are ‘not prevented from voting.’ 

‘The bipartisan federal Election Assistance Commission (EAC) is commanded by the SAVE Act to establish guidelines for states to accept supplementary documents — for instance, a marriage license — to prove citizenship when a voter’s birth certificate and current name do not match,’ the group’s page reads. ‘Those on the Left who claim that the SAVE Act will disenfranchise millions of married women are simply wrong; they ought to read the bill’s text and see that it provides mechanisms to ensure that this does not happen.’

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Democratic events protesting President Donald Trump’s State of the Union address prompted sharp pushback from conservatives on social media and from Arkansas’ Republican Gov. Sarah Huckabee Sanders, who said the events painted a sharp contrast between the two parties.

Democrats held several counterprogramming events to Trump’s State of the Union speech on Tuesday, including an event called ‘State of the Swamp,’ where far-left activists, including the Portland Frog Brigade, took to the stage dressed in animal costumes.

‘The difference today isn’t between right vs left,’ Sanders posted on X in response to a video of activists dressed up in frog costumes alongside Democratic Rep. Maxine Dexter. ‘It’s normal vs crazy.’

In a statement to Fox News Digital, Sanders added, ‘Last night, President Trump laid out a vision of a stronger, safer, more prosperous America — and the best counterargument the Democrats could provide were unhinged heckles, refusing to stand to celebrate the accomplishments of patriotic Americans, and a bizarre dress-up show.’

At another point in the event, an activist dressed in a giraffe costume took the stage criticizing ICE and calling Trump ‘pumpkin spice Satan.’ 

‘They always want to dress in animal costumes… WTF,’ Red State’s Jennifer Van Laar posted on X.

Spanberger praises

‘This is what Democrats are doing instead of attending President Trump’s State of the Union speech,’ a Republican National Committee account posted on X. ‘Democrats are literally hanging out with deranged Leftists dressed in giraffe costumes bragging about getting arrested by ICE.’

‘Who is advising the Democrats and how do we make sure they never quit?’ conservative commentator Riley Gaines posted on X.

‘These people are weird,’ Sen. Ted Cruz, R-Texas, posted on X.

‘They don’t just hate America… they’re mentally ill,’ comedian Tim Young posted on X.

Dozens of Democrats boycotted Trump’s speech, with many attending events like State of the Swamp or the People’s State of the Union, which was held in the frigid temperatures outside the Capitol.

‘Not one more dime to the Department of Homeland Security until they start following the law in this country,’ Sen. Chris Murphy, D-Conn., told a crowd of protesters gathered outside.

The event, organized by MoveOn and co-hosted by the Midas Touch Network, featured a number of House and Senate Democratic lawmakers who opted to skip Trump’s address, which they said would be filled with ‘lie after lie’ and ignore what they described as a country ‘in crisis.’

Fox News Digital’s Breanne Deppisch contributed to this report.

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

Nuvau Minerals Inc. (TSXV: NMC) (the ‘Company’ or ‘Nuvau’) is pleased to announce that it has closed the first tranche of its previously announced brokered private placement pursuant to which the Company issued an aggregate of 17,471,250 units of the Company (each, a ‘Unit’) at an issue price of $0.80 per Unit (the ‘Offering Price’) for aggregate gross proceeds of $13,977,000 (the ‘Offering’). Each Unit consists of one common share of the Company (each, a ‘Common Share’) and one-half of one transferrable common share purchase warrant of the Company (each whole warrant, a ‘Warrant’), with each Warrant entitling the holder thereof to purchase one Common Share at a price of $1.30 per Common Share until February 25, 2029. The Company intends to use the proceeds of the Offering for working capital and general corporate purposes and for the completion of exploration and development activities at its Matagami property.

Nuvau Minerals Inc. Announces Grant of Options (CNW Group/Nuvau Minerals Inc.)

The Offering was co-led by Clarus Securities Inc. and Integrity Capital Group Inc., as co-lead agents and co-lead bookrunners (together, the ‘Agents‘). In consideration for the Agents’ services, the Company agreed to pay the Agents a cash commission equal to 6.0% of the gross proceeds of the Offering (the ‘Cash Fee‘), provided that the Company will pay a reduced Cash Fee of 3.0% in respect of the gross proceeds raised from sales to purchasers included on a president’s list formed by the Company in consultation with the Agents (the ‘President’s List Purchasers‘). In addition, the Company agreed to issue to the Agents such number of non-transferable compensation options of the Company (the ‘Compensation Options‘) as is equal to 6.0% of the aggregate number of Units sold under the Offering; provided that such number of Compensation Options shall be reduced to 3.0% of Units sold to President’s List Purchasers. Each Compensation Option entitles the holder thereof to purchase one Unit at the Offering Price, at any time and from time to time until February 25, 2029.

Further to the Company’s news release dated February 13, 2026, the Company anticipates closing a second and final tranche of the Offering on or about March 6, 2026, pursuant to which the Company anticipates issuing additional Units and Common Shares (the ‘FT Shares‘) that qualify as ‘flow-through shares’ within the meaning of the Income Tax Act (Canada) (the ‘Tax Act‘). For additional details regarding the offering of FT Shares and the closing of the second tranche, please refer to the Company’s news releases dated January 30, 2026 and February 13, 2026.

Certain directors of the Company subscribed for an aggregate of 237,500 Units for aggregate gross proceeds of $190,000. Each director of the Company is considered an ‘insider’ of the Company and, as a result, their participation under the Offering is considered to be a ‘related party transaction’ for the purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. The Company is exempt from the formal valuation requirement in section 5.4 of MI 61-101 in reliance on section 5.5(a) of MI 61-101 as the fair market value of the transaction, insofar as it involves insiders, is not more than 25% of the Company’s market capitalization. Additionally, the Company is exempt from minority shareholder approval requirement in section 5.6 of MI 61-101 in reliance on section 5.7(1)(a) of MI 61-101 as the fair market value of the transaction, insofar as it involves insiders, is not more than 25% of the Company’s market capitalization. The Company did not file the material change report more than 21 days before the expected closing date of the Offering as the details of the Offering and the participation of insiders therein was not settled until shortly prior to the closing of the Offering, and the Company wished to close the Offering on an expedited basis for sound business reasons.

All securities issued under the Offering are subject to a hold period expiring four months and one day from the date hereof. The Offering remains subject to final acceptance of the TSX Venture Exchange.

The securities offered have not been registered under the U.S. Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Nuvau

Nuvau is a Canadian mining company, incorporated under the OBCA, currently in the exploration and development phase. Nuvau’s principal asset is its right to earn-in a 100% undivided interest from Glencore in the Matagami property located in Abitibi region of central Québec, Canada pursuant to an amended and restated earn-in agreement dated January 28, 2026 among Nuvau, Nuvau Minerals Corp. and Glencore.

Cautionary Statements

This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements‘) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward- looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’ ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning the timing and ability of the Company to close the second tranche of the Offering on the terms announced, the proposed use of proceeds of the Offering, and the Company’s ability to obtain final exchange approval for the Offering. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Matagami Property. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Further Information

All information contained in this news release with respect to the Company was supplied by the respective party for inclusion herein, and each party and its directors and officers have relied on the other party for any information concerning the other party.

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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

SOURCE Nuvau Minerals Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2026/25/c3019.html

News Provided by Canada Newswire via QuoteMedia

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This amended and restated news release corrects the previous news release dated February 25, 2026 with respect to the number of securities issued by Questcorp Mining Inc.

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce that it has closed the first tranche of its upsized non-brokered private placement of 13,100,000 units (each, a ‘Unit’) at a price of $0.20 per Unit for gross proceeds of $2,620,000.00 (the ‘Offering’). Each Unit consists of one common share of the Company (each, a ‘Share’) and one-half-of-one common share purchase warrant (each whole common share purchase warrant, a ‘Warrant’). Each Warrant entitles the holder to acquire one common share of the Company at a price of $0.30 until February 24, 2029, provided that holders will not be permitted to exercise Warrants until 60 days following closing of the first tranche of the Offering.

The Company expects to utilize the proceeds of the Offering for exploration work at the Company’s La Union Gold and Silver Project and North Island Copper Project, and for general working capital purposes.

The Units issued under the Offering were offered for sale pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by CSA Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (collectively, the ‘Listed Issuer Financing Exemption‘), in all provinces of Canada, except Quebec, and other qualifying jurisdictions, including the United States. The Units issued under the Listed Issuer Financing Exemption will be immediately ‘free-trading’ under applicable Canadian securities laws.

In connection with closing of the first tranche of the Offering, the Company paid $16,300, issued 720,000 Units at a deemed issued price of $0.20 per Unit and issued 801,500 common share purchase warrants (each, a ‘Finders’ Warrant‘) to certain arms-length parties (each, a ‘Finder‘) who assisted in introducing subscribers to the Offering. Each Finders’ Warrant entitles the holder to acquire one common share of the Company at a price of $0.30 until February 24, 2029, provided that holders will not be permitted to exercise Finders’ Warrants until 60 days following closing of the first tranche of the Offering. All securities issued to Finders are subject to restrictions on resale until June 25, 2026 in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.

This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon
President & CEO

Questcorp Mining Corp.
saf@questcorpmining.ca
Tel. (604-484-3031)
Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6

https://questcorpmining.ca

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Offering; and closing of subsequent tranches of the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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

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

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285289

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