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European Green Transition plc (AIM: EGT) announces that in line with its strategy set out at IPO, EGT has entered into a share purchase agreement (‘SPA‘) to acquire an established, EBITDA profitable onshore wind turbine operating, maintenance, repairing, and remote monitoring business (the ‘O&M Business‘) in the UK and Ireland (the ‘Acquisition‘). The O&M Business is being acquired from the court-appointed liquidators of Arena Capital Partners (‘ACP‘) (in liquidation) for a consideration of £3.5 million in cash (‘Consideration‘). The Consideration is being satisfied through existing cash resources and short-term bridging facilities. Further information on the Acquisition and bridging facilities is set out in this announcement.

The O&M Business includes a 100% interest in Earthmill Maintenance Ltd (‘Earthmill‘), based in Harrogate with depots in Scotland, Wales, and Cornwall, and an 85% interest in WEP Wind Energy Partnership Ltd (‘WEP‘), based in the Republic of Ireland, and its 100% owned subsidiary Silverford Engineering Ltd, based in Northern Ireland. This provides a broad operational footprint to serve over 900 wind turbines across the UK and Ireland. Each of these businesses have continued to trade profitably despite the challenges faced by the O&M Business’ parent company, ACP. The Acquisition also includes a 52% interest in Anemos Analytics Ltd (‘Anemos‘), which is a complementary condition monitoring software technology based in Scotland.

Key Transaction Highlights

  • Acquisition of an established and EBITDA profitable critical infrastructure services platform focused on servicing onshore wind assets in the UK and Ireland
  • In 2025 the O&M Business generated approximately £14.7 million revenue (2024: approximately £14.4 million) and approximately £0.9 million adjusted EBITDA (2024: approximately £1.5 million)
  • Near-term and medium-term revenue visibility to deliver significant growth in 2026 and beyond:
    • Repowering opportunity (replacing and upgrading ageing wind turbines with newer, more powerful and efficient models):
    • UK government policy changes took effect in summer 2025, lifting the onshore wind planning permission ban, creating a significant and immediate growth opportunity for repowering turbines across the UK
    • Heads of terms signed with approximately 50 clients to deliver new repowering projects (average approximately £450k contract value) providing a possible £19 million repowering pipeline visibility
    • The O&M Business’ management have identified approximately 280 additional qualified repowering prospects in the near future
    • Repowering contracts are often followed by multi-year operating, maintenance, repairing, and remote monitoring relationships, further strengthening longer term revenue visibility
  • Core operating, maintenance, repairing, and remote monitoring business delivered £12.8 million revenue in 2025 across the O&M Business’ portfolio of over 900 turbines in the UK and Ireland, with multi-year relationships supporting recurring and repeatable revenue
  • The Acquisition will be completed on a cash-free debt-free basis at what the Directors believe to be an attractive equity value of approximately £3.5 million, representing a 2.3x 2024 EBITDA multiple and a 3.9x 2025 adjusted EBITDA multiple
  • The Acquisition includes approximately £3.95 million of inventory and £2.5 million net working capital
  • As a result of the Acquisition, EGT is now aiming to achieve a medium-term target of £50 million Group revenue and double-digit EBITDA margins driven primarily through organic growth and strategic bolt-on acquisitions across the critical infrastructure space in the UK, Ireland, and Europe, such as water, energy, roads, and data centres which will be funded from existing cash resources and a debt facility which the Directors expect will not pass more than 2x EBITDA
  • From the first full year following completion of the Acquisition, EGT intends to adopt a progressive dividend policy, targeting annual dividend growth of approximately 5%
  • To complete the Acquisition in an accelerated timeline, EGT entered short term bridge financing agreements with Raglan Road Capital Limited (‘Raglan Capital‘), Roaring Waters Capital Limited (‘Roaring Waters‘) and other parties for a total of £3.0 million (‘Bridge Facilities‘), further details regarding the Bridge Facilities and associated related party transaction are set out below
  • The Company intends to launch a fundraise via a placing in due course to raise approximately £5 million (‘Fundraise‘). As set out below, £1.5 million of the Bridge Facilities will automatically convert into equity at completion of the Fundraise at the placing price to be determined (‘Placing Price‘). The Company has received a further cornerstone offer of up to £1.1 million from an additional investor to participate in the placing at the Placing Price. The Company has therefore received offers in aggregate for up to £2.6 million, representing up to 50% of the approximately £5 million placing in advance of the Fundraise
  • Net proceeds from the Fundraise will be used to repay the remaining £1.5 million of the Bridge Facilities and provide additional working capital to support the continued development and growth of the business
  • The Board believes this Acquisition represents an attractive opportunity to acquire a platform business unencumbered with debt and with scope for organic growth and margin accretion
  • Cathal Friel, Co-founder and Executive Chair of European Green Transition plc said: ‘I am delighted with this significant milestone in EGT’s strategy that we set out at IPO targeting the acquisition of high-potential, profitable critical infrastructure services businesses. We have been engaging with the management teams of Earthmill and WEP for the last 18 months and are delighted to have completed the acquisition of these businesses at what we believe to be an attractive valuation. The businesses are trusted partners, delivering high quality services to over 900 wind turbines across the UK and Ireland with recurring revenues and excellent near and long-term visibility to deliver significant revenue growth in 2026 and beyond. Furthermore, this platform allows the Company to continue its growth and expansion into related areas such as water, energy, roads, and data centres.

    ‘We are acquiring these businesses at an exciting time following the removal of the defacto ban on onshore wind in the UK imposed by the Conservative government. This has created a significant and immediate repowering opportunity which involves replacing and upgrading ageing wind turbines. The business has signed approximately 50 heads of terms providing over £19 million of repowering revenue visibility with approximately 280 additional qualified prospects, which is in addition to its core operating, maintenance, repairing, and remote monitoring relationships.

    ‘We have a new medium-term target of £50 million revenue and double-digit EBITDA margins, as we focus on free cash flow generation to support further strategic growth and ensuring we can pay a progressive dividend going forward. We believe this transaction positions EGT well to deliver value for shareholders going forward.’

    Dave Broadbank, Managing Director of the O&M Business, said: ‘This is an exciting moment for both our business and EGT. We have a strong platform, a loyal client base and a huge opportunity ahead of us. Being part of EGT will enable us to move faster and drive longterm growth, while staying focused on the quality and reliability our clients expect. Having been with the business for 15 years, I’m incredibly proud of the team and what we’ve built, and I look forward to the next phase where we can unlock further potential across all businesses within the Group.’

    Background to the Acquisition and the O&M Business

    An established & trusted platform in a growing market

    The O&M Business provides annually recurring operations, maintenance, repairing and remote monitoring services to over 900 wind turbines together with repeatable retrofit upgrade programmes across the UK and Ireland. It is a trusted partner to its long-standing clients and has an established operational footprint, headquartered in Harrogate (UK) with regional depots supporting operations in Cornwall, Wales, Scotland, and Northern Ireland.

    The business benefits from an experienced team of 78 professionals with deep sector expertise in Supervisory Control and Data Acquisition (SCADA) design, engineering, and asset management. The senior management at the O&M Business will continue in their roles led by Managing Director, Dave Broadbank. The business owns intellectual property for Endurance turbine models and maintains a strategic inventory of OEM (original equipment manufacturer) turbine parts valued at approximately £3.95 million (as at December 2025), ensuring rapid fault resolution and operational continuity. Through Anemos, the majority-owned condition monitoring software technology, clients benefit from predictive maintenance, reduced downtime, and improved energy yields.

    Europe is one of the world’s largest wind markets, with about 285 GW of installed capacity expected to approach 450 GW by 2030, driven predominantly by onshore deployment and sustained policy support. As capacity grows and turbine fleets age, the base of assets requiring technical support continues to expand, increasing demand for operations, maintenance, repairing, and repowering services.

    Trading history

    The O&M Business generated approximately £14.7 million of revenue (2024: approximately £14.4 million) and approximately £0.9 million adjusted EBITDA (2024: approximately £1.5 million) for the financial year ended 31 December 2025 (unaudited) across contracted and recurring operating and maintenance (‘O&M‘), repairing, repowering projects, and condition-monitoring revenues. The Acquisition includes approximately £3.95 million of inventory and £2.5 million net working capital.

    Strong visibility to deliver significant revenue growth in 2026 and beyond

    A core pillar of the O&M Business’s growth strategy is repowering, which involves replacing and upgrading ageing wind turbines with newer, more powerful and efficient models, increasing energy yield and power output. The UK Government’s strategy to accelerate onshore wind development which took effect in summer 2025 has driven a significant and immediate increase in repowering activity, as turbine owners seek to maximise feed-in-tariff revenues. This represents an attractive driver of both near-term project revenues and longer-term contracted, recurring income.

    The O&M Business sales pipeline includes signed heads of terms for approximately 50 new repowering projects with average project values of approximately £450k, giving visibility over a possible £19 million repowering pipeline. By 2035, it is expected that over 50% of UK’s current onshore wind capacity will face decisions around repowering, and management have identified approximately 280 qualified repowering prospects in the near future.

    This repowering opportunity is in addition to the core operating, maintenance, repairing, and remote monitoring business which delivered £12.8 million unaudited revenue in 2025 across the portfolio of over 900 turbines in the UK & Ireland. These multi-year relationships support recurring and repeatable revenue. Repowering is also often followed by multi-year O&M relationships, further strengthening longer term revenue visibility.

    The O&M Business benefits from a favourable cash receipt model, with an element of upfront deposit fees and further cash received in advance of delivery of key milestones.

    Medium-term strategy to achieve £50 million revenue and double-digit EBITDA margin

    The Acquisition marks a pivotal milestone in the execution of EGT’s medium-term strategy to build a portfolio of revenue generating and profitable businesses in the critical infrastructure sector across the UK, Ireland, and Europe.

    The Acquisition provides a platform to achieve EGT’s new medium-term target of £50 million revenue and double-digit EBITDA margins. The Company’s strategy to achieve this includes:

    • Delivery of strong organic growth from the O&M Business by expanding the service offering across new and existing client relationships.
    • Focus on targeted operational improvements and efficiencies to drive margin expansion.
    • Focus on strong free cash flow generation to fund a progressive dividend policy from the first full year following completion of the Acquisition, targeting annual dividend growth of approximately 5%.
    • Pursue a disciplined capital allocation policy for small, strategic bolt-on acquisitions to support expansion of services across the critical infrastructure sector in the UK, Ireland, and Europe, such as water, energy, roads, and data centres funded through operating cash flows supplemented by prudent leverage and deferred consideration of 1-2x EBITDA where appropriate.

    Financing structure & proposed fundraise

    EGT has entered into a binding SPA to acquire the O&M Businesses from the court-appointed liquidators of ACP. The Directors believe the appointment of liquidators to ACP was driven by holding company capital structure constraints rather than any deterioration in underlying performance of the O&M Business which has continued to trade profitably as ACP entered examinership and subsequently liquidation.

    The Acquisition will be completed at an equity valuation of approximately £3.5 million on a cash-free, debt-free basis, representing a 2.3x 2024 EBITDA multiple and a 3.9x 2025 adjusted EBITDA multiple, which the Directors believe reflects an attractive entry valuation.

    The Consideration for the Acquisition will be funded from the Company’s existing cash balance (£2.3 million, as at December 2025) and the Bridge Facilities to support the accelerated transaction timeline as part of a competitive liquidation process. Further details regarding the Bridge Facilities are set out below.

    The Company intends to raise up to approximately £5 million before expenses through a placing of new ordinary shares in the Company to repay the Bridge Facilities and provide additional working capital to support the continued development and growth of the O&M Business. In addition, the Company intends to use certain funds to pursue selective strategic bolt-on acquisitions to expand the Company’s geographic footprint, broaden its service offering and enhance technical capabilities.

    £1.5 million of the Bridge Facilities will automatically convert into equity at completion of the Fundraise at the Placing Price. The Company has received a further cornerstone offer of up to £1.1 million from an additional investor to participate in the placing at the Placing Price. The Company has therefore received s offers in aggregate for up to £2.6 million, representing up to 50% of the approximately £5 million placing in advance of the Fundraise.

    Further details regarding the Fundraise will be announced in due course. The Company expects to post a circular and Notice of General Meeting, which will contain further details of the proposed shareholder resolutions in relation to the proposed Fundraise.

    Principal terms of the Bridge Facilities

    In order to facilitate the Acquisition as part of a competitive process with an accelerated timetable, the Company entered into short-term Bridge Facilities totalling £3.0 million which, alongside the Company’s existing cash resources, will fund the £3.5 million Consideration and provide sufficient working capital for the enlarged group.

    The Bridge Facilities comprise three separate short-term Facilities:

    Facility 1: £1.5 million provided by Roaring Waters, which carries no interest and will automatically convert into equity at the Placing Price upon completion of the Fundraise. Upon completion of the Fundraise, the Company will issue warrants to subscribe for ordinary shares in the Company to Roaring Waters equal to 35% of the commitment exercisable at the Placing Price for a six-year term. In the event the Fundraise is not completed within three months following the date of the Facility, the number of warrants issued will increase by 1% per month until the earlier of completion of the Fundraise, or the termination of the facility being 12 months from the date of this announcement.

    Facility 2: £1.1 million provided by Raglan Capital an entity of which Cathal Friel, Executive Chair, is also a director. This is a 12 month facility, however it is the Company’s intention to repay this short-term loan following completion of the Fundraise in the coming weeks. The facility is a loan bearing interest of 1.75% per month for the first three months, and 2.5% per month for the remaining nine months, and includes an arrangement fee of 2.25% of the total commitment. The minimum return on the facility is 7.5% of the total commitment. No repayment of Facility 2 is permitted until Facility 1 and Facility 3 have each been repaid in full.

    The Company will issue warrants to subscribe for ordinary shares in the Company to Raglan Capital equal to 25% of the committed funds, exercisable at the Placing Price for a six-year term (‘Raglan Warrants‘). The Raglan Warrants will only be issued upon completion of the Fundraise.

    Raglan Capital, and parties acting in concert with it, are currently interested in approximately 33.5% of the existing voting rights of the Company. Following completion of the Fundraise, and pursuant to Facility 2 detailed above, Raglan Capital will be issued with the Raglan Warrants. Pursuant to the loan agreement between EGT and Raglan Capital, Raglan Capital has agreed not to exercise the Raglan Warrants, if following exercise of the Raglan Warrants, Raglan Capital, and parties acting in concert with it, would hold an interest above 29.9% in the voting rights of the Company or if the exercise of the Raglan Warrants would otherwise trigger, on Raglan Capital, and parties acting in concert with it, an obligation to make a general offer for all of the existing ordinary shares in the Company (not held by them) to be made under Rule 9 of the City Code on Takeovers and Mergers.

    Facility 3: £400,000 provided by high net worth investors under separate facility agreements, each with a monthly interest rate of 2.5% and a minimum return of 5% of the total commitments. This is a 12 month facility, however it is the Company’s intention to repay the short-term bridge loans following completion of the Fundraise in the coming weeks. Upon completion of the Fundraise, the Company will issue warrants to subscribe for ordinary shares in the Company equal to 25% of the committed funds, exercisable at the Placing Price for a six-year term.

    Each of the Bridging Facilities shall be subject to security granted by the Company with Facility 3 ranking pari passu with Facility 1 and ahead of Raglan Capital in the repayment waterfall.

    Facility 1 totalling £1.5 million, will convert into ordinary shares in the Company at the Placing Price upon completion of the Fundraise. It is expected that Facility 2 and Facility 3 above, totalling £1.5 million, will be repaid in full from the net proceeds of the Fundraise upon its anticipated completion in the coming weeks.

    Related Party Transaction

    Raglan Capital holds an interest in 13.8% of the Company’s ordinary shares and is a Substantial Shareholder in the Company as defined by the AIM Rules for Companies (‘AIM Rules‘). Cathal Friel holds an interest in 5.3% of the Company’s Ordinary Shares and is a director of the Company and Raglan Capital.

    Entering into the Bridge Facility agreement (Facility 2) with Raglan Capital constitutes a related party transaction pursuant to AIM Rule 13. The independent directors of the Company, being Daniel Akselson, James Leahy, and Michael Kearney, for the purposes of the Bridge Facility agreement (Facility 2) with Raglan Capital having consulted with the Company’s nominated adviser, Panmure Liberum, consider the terms of the Bridge Facility agreement with Raglan Capital to be fair and reasonable insofar as shareholders of the Company are concerned.

    EGT’s Existing Natural Resources Assets

    The Company remains focussed on generating value from its existing portfolio of European mining projects and is actively working to monetise these projects through sale or partnership with third parties in order to realise further value for our shareholders. The Olserum Rare Earth Elements (‘REE‘) project is a district scale REE system in Sweden and has been designated as a project of national importance. EGT completed a successful drill programme at the Olserum REE project in 2024, with the project now well placed to potentially contribute significantly to the supply of REEs in Europe, with both the European Union and national governments actively pursuing strategies to develop domestic supply chains of REEs in Europe. Additionally in 2025, EGT entered into an exclusive option agreement with Recovery Metals Cyprus Limited for the potential sale of the Pajala Copper project in Sweden, with discussions ongoing to progress towards the sale of the project.

    Appointment of Joint Broker

    Oak Securities (a trading name of Merlin Partners LLP) has been appointed as joint broker to the Company.

    The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (‘MAR‘) EU no.596/2014. Upon the publication of this announcement via Regulatory Information Service (‘RIS‘), this inside information is now considered to be in the public domain.

    Enquiries

    European Green Transition plc

    Cathal Friel, Executive Chairman

    Jack Kelly, CFO

    +44 (0) 208 058 6129

    Panmure Liberum – Nominated Adviser & Joint Broker

    James Sinclair-Ford / Gaya Bhatt

    Mark Murphy / Rauf Munir

    + 44 (0) 20 7886 2500

    OAK Securities – Joint Broker

    Jerry Keen / Calvin Man

    +44 (0) 20 3973 3678

    Camarco – Financial PR

    Billy Clegg, Elfie Kent,
    Lily Pettifar, Poppy Hawkins

    + 44 (0) 20 3757 4980

    europeangreentransition@camarco.co.uk

    Notes to Editors

    European Green Transition plc (AIM: EGT) is a company focused on acquiring, integrating and optimising revenue-generating and profitable services businesses in the critical infrastructure sector across the UK and Ireland.

    In 2026, EGT delivered a significant milestone in this strategy by agreeing to acquire an EBITDA profitable operation, maintenance, repairing, and remote monitoring platform business which serves over 900 onshore wind turbines across the UK & Ireland. This platform includes Earthmill, Wind Energy Partnership, Silverford Engineering, and Anemos Analytics.

    The Company’s strategy is to deliver sustained organic growth by expanding its service offering, driving operational efficiencies to support margin improvement, and generating strong free cash flow to fund reinvestment and a progressive dividend strategy. EGT is pursuing a disciplined capital allocation policy, including targeting selective bolt-on acquisitions across the critical infrastructure space in the UK, Ireland, and Europe, such as water, energy, roads, and data centres. The Company is also seeking to sell or partner its existing portfolio of non-core mining projects, including the Olserum Rare Earth Element (REE) Project.

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    This post appeared first on investingnews.com

    Tech company leaders will head to the White House in March to meet with President Donald Trump to pledge they will generate their own power for new data centers, saving taxpayers from picking up additional energy costs, Fox News Digital learned. 

    ‘Major Tech companies will join President Trump at the White House next week to formally sign the Rate Payer Protection Pledge that he announced during his historic State of the Union address,’ White House spokeswoman Taylor Rogers told Fox News Digital Wednesday. 

    ‘Under this bold initiative, these massive companies will build, bring, or buy their own power supply for new AI data centers, ensuring that Americans’ electricity bills will not increase as demand grows,’ she added. ‘President Trump is committed to ensuring American AI dominance while simultaneously lowering costs for working families.’  

    Companies participating in the March 4 event will include Amazon, Google, Meta, Microsoft, xAI, Oracle and OpenAI. Trump, Secretary of Energy Chris Wright and assistant to the president and director of the White House Office of Science and Technology Policy Michael Kratsios are leading the effort, Fox Digital learned. 

    The event follows Trump’s announcement during his State of the Union speech Tuesday that the companies would produce their own energy for the data centers. 

    The Trump administration has promoted the proliferation of artificial intelligence to keep the U.S. as the world’s tech leader, which has included the creation of new data centers and mounting concern energy prices could increase for everyday Americans as the centers open up shop. 

    ‘Tonight, I’m pleased to announce that I have negotiated the new rate payer protection pledge,’ he said. ‘You know what that is? We’re telling the major tech companies that they have the obligation to provide for their own power needs.’

    ‘We have an old grid,’ he said. ‘It could never handle the kind of numbers, the amount of electricity that’s needed. So I’m telling them, they can build their own plant. They’re going to produce their own electricity. It will ensure the company’s ability to get electricity, while at the same time, lowering prices of electricity for you.’ 

    A White House official told Fox Digital that the president and administration have been working on the initiative for a while, including Trump posting about the issue on Truth Social in January. 

    The companies will agree to protect Americans from price hikes and lower electricity prices in the long term, Fox Digital learned. 

    The event is expected to focus on cost-of-living concerns for Americans, with Trump underscoring the importance of America’s tech leadership and future to expand AI and how it bolsters U.S. jobs, while ensuring Americans are protected from energy price increases. 

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    President Donald Trump delivered a sweeping State of the Union address Tuesday night, promoting new policy proposals on retirement savings, energy infrastructure and congressional ethics while touting his administration’s record on border security, the economy and global military operations. 

    But despite the wide-ranging speech — which included calls for a congressional stock trading ban, a new 401(k)-style retirement option and ongoing nuclear negotiations with Iran — several areas were notably absent or only briefly addressed.

    The omissions matter in 2026 as the administration heads into a pivotal year marked by record federal debt levels, cooling job growth, intensifying great-power competition with China and ongoing global instability. 

    With Congress narrowly divided and international tensions high, the State of the Union offered a key opportunity for the president to outline how his second-term agenda will address long-term fiscal sustainability, labor market momentum and U.S. strategy abroad — questions that remain central to lawmakers, markets and U.S. allies.

    National debt and deficit

    Despite emphasizing economic growth and vowing to root out fraud, the president did not lay out a detailed plan to address the nation’s $38.56 trillion debt or the long-term solvency of Social Security and Medicare.

    Trump’s ‘big, beautiful Bill,’ 2025 tax and spending legislation, is projected by the Congressional Budget Office to add another $4.2 trillion to the deficit throughout the next decade.

    The Supreme Court’s recent ruling striking down his universal tariffs creates a $2 trillion revenue gap that the president didn’t address. He claimed ‘alternative statutes’ would fill it, but there’s potential for courts to strike down those as well. 

    The issue also has prompted concern within Trump’s own party. 

    Rep. Lloyd Smucker, R-Pa., while praising the president’s address, warned afterward that the national debt poses an ‘existential threat’ that must be addressed to preserve economic stability for the next 250 years.

    ‘The state of our Union is more indebted than ever,’ said Maya MacGuineas, president of the Committee for a Responsible Federal Budget. ‘The Supreme Court has opened a massive revenue hole of nearly $2 trillion (with the tariff ruling) that the Administration and Congress must fill.’

    Trump proposed a new ‘war on fraud’ task force Tuesday night, to be led by Vice President JD Vance, claiming that rooting out corruption —specifically targeting the Somali community in Minnesota — could recoup enough stolen taxpayer funds to ‘balance the budget overnight.’

    The debt carries heightened urgency in 2026 as interest payments approach $1 trillion annually and lawmakers face looming deadlines on entitlement trust fund solvency and future budget negotiations.

    Job growth

    ‘The roaring economy is roaring like never before,’ Trump boasted during the speech. ‘More Americans are working today than at any time in the history of our country.’

    But the president failed to touch on 2025’s lagging job growth: the labor market added 181,000 jobs in all of 2025, much fewer than the 1.46 million jobs that were added in 2024.

    Economists note that while headline job totals can mask fluctuations, the sharp deceleration in hiring relative to 2024 highlights a labor market that has softened even as other economic indicators remain positive.

    Senate Minority Leader Chuck Schumer claimed Trump ‘mocked’ affordability issues and failed to note weak job numbers. 

    ‘Trump didn’t simply ignore the affordability crisis. He mocked it yet again. The average Americans sitting at their table trying to figure out how they’re going to pay that damn bill, was furious that he said, ‘it doesn’t matter.” 

    ‘He bragged last night about job creation,’ Schumer said. ‘Well, job creation is is at its lowest point in over 20 years outside of a recession, its lowest point in 20 years. And he brags about it.’

    China and the Indo-Pacific 

    While Trump used his address to declare a ‘Golden Age’ of security, the world’s most significant geopolitical theater — the Indo-Pacific — hardly was mentioned. 

    Despite a record-breaking $11 billion arms sale to Taiwan just two months ago and a planned high-stakes visit to Beijing in April, the President did not once mention Taiwan, the South China Sea or a broader regional strategy by name.

    While Trump mocked ‘Chinese technology’ in the context of the Venezuelan raid, he offered no public reassurance to allies in Tokyo, Canberra, Australia, or Taipei, Taiwan, which are navigating Beijing’s expanding military reach. 

    The omission follows a pattern established in the 2026 National Defense Strategy (NDS) released in January, which for the first time in a decade scrubbed direct references to Taiwan’s security. 

    Though the U.S. has long held a policy of strategic ambiguity — refusing to say whether it would come to Taiwan’s defense if China invaded — some analysts have detected a fragile detente between the U.S. and China.

    The absence is notable in 2026 as Washington prepares for high-level talks with Beijing and regional allies closely monitor U.S. commitments amid rising cross-Strait tensions and expanding Chinese naval activity.

    Cuba and the embargo 

    Despite a marked escalation in U.S. policy toward Cuba, Trump made no reference to the island, the longstanding embargo or recent moves to tighten economic pressure.  The omission is noteworthy given how central Havana has become to broader U.S. policy in the Western Hemisphere.

    Under Trump’s second term, the administration significantly has reinforced sanctions and pressure on Cuba, moving beyond the decades-old embargo to block crude oil and fuel supplies that left the island largely without vital energy imports after Venezuelan shipments dried up, contributing to widespread blackouts and worsening humanitarian conditions.

    In late January, Trump issued an executive order declaring a national emergency on Cuba and authorizing tariffs aimed at halting the supply of oil to the island.

    Caribbean leaders also highlighted the regional consequences of U.S. policy on Cuba at a major summit this week, warning that the fuel and economic crisis could have broader security and migration implications across the Caribbean basin.

    Russia-Ukraine: referenced but little detail 

    Trump did touch on the war in Ukraine in his State of the Union, framing an ambition to ‘end’ the conflict as part of his foreign policy narrative. But he offered no detailed outline of how the administration plans to achieve that goal or how U.S. diplomacy, military aid or leverage with European allies will be marshaled to bring it about — leaving a key foreign policy challenge largely undefined for the nation.

    ‘We’re working very hard to end the ninth war, the killing and slaughter between Russia and Ukraine, where 25,000 soldiers are dying each and every month — think of that, 25,000 soldiers are dying a month.’

     The speech came on the fourth anniversary of Russia’s invasion of Ukraine. 

    The lack of detail stands out in 2026 as the war enters its fifth year and European allies look to Washington for clarity on long-term security guarantees and reconstruction support.

    The White House did not immediately respond when reached for comment. 

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    There’s a new House GOP effort to censure Rep. Al Green, D-Texas, circulating after he was removed from President Donald Trump’s primetime address for the second year in a row.

    Green was ejected from Trump’s State of the Union on Tuesday night minutes after it began. The Texas progressive held up a sign that read ‘Black people are not apes’ in all capital letters as Trump entered the House chamber, and remained standing and holding the sign as the president began speaking.

    Rep. Mike Rulli, R-Ohio, told Fox News Digital that his office was now looking for other House lawmakers on both sides of the aisle to support a censure resolution against Green.

    ‘His shenanigans at the State of the Union were uncalled for,’ Rulli said on Wednesday. ‘We can’t really put up with that kind of conduct in Congress. Something had to be done.’

    ‘I’m looking for as many co-sponsors from our conference as possible. And I’m reaching across the aisle for anyone over there that was embarrassed by their own guy.’

    Rulli’s resolution, first obtained by Fox News Digital, said Green’s protest constituted a ‘breach of conduct.’

    The text also noted that it ‘was the second time in less than a year that the Representative from Texas had to be removed from the chamber by the Sergeant at Arms due to unpatriotic disruptions that violated numerous House rules related to decorum.’

    The House of Representatives voted to censure Green in March 2025 for his last protest, which included waving his cane and shouting over Trump as he attempted to give his speech.

    At the time, ten Democrats joined Republicans in passing that resolution.

    Green told reporters on Tuesday night after being removed from the House for a second time, ‘I refuse to tolerate this level of hate that the president is in fact putting into policy. We must take a stand against this level invidious discrimination.’

    ‘I wanted him to know, and I wanted them to see it and hear it. Up close. But judging from the expression on his face, he got the message. He saw it,’ Green said.

    Speaker Mike Johnson, R-La., did not commit to holding a vote on a censure resolution when asked about the prospect after Trump’s speech but said he would defer to the will of his lawmakers.

    ‘Al Green was removed pretty quickly. I don’t know if censure is going to be appropriate. I’ll let our colleagues decide that,’ Johnson said. ‘The point of a censure, is to bring someone to the House floor and bring shame upon them for their actions. I think they showed the American people shame already.’

    Fox News Digital reached out to Green’s office for comment but did not immediately hear back.

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    Democrats were not happy with President Donald Trump’s State of the Union remarks on implementing voter ID requirements and the SAVE America Act.

    A dial test administered by Lee Carter, the president of Maslansky & Partners, showed Democrats taking a serious dive when the president spoke about the issue. During his speech, Trump asked lawmakers to pass the SAVE America Act in order ‘to stop illegal aliens and others who are unpermitted persons from voting in our sacred American elections.’ He decried allegedly ‘rampant’ cheating in American elections.

    ‘It’s very simple. All voters must show voter ID. All voters must show proof of citizenship in order to vote. And no more crooked mail-in ballots except for illness, disability, military or travel. None,’ Trump said.

    ‘Why would anybody not want voter ID? One reason, because they want to cheat,’ Trump added, referring to Democrats. ‘They make up all excuses. They say it’s racist. They come up with things. You almost say what imagination they have! They want to cheat, they have cheated, and their policy is so bad that the only way they can get elected is to cheat.’

    While Democrats reacted negatively, Republicans had a positive response to Trump’s call for the passage of the SAVE America Act. While Independents did not react as positively as Republicans, their line in the dial test remained above the Democrats.

    The group monitored by Carter, which included 29 Democrats, 41 Republicans and 30 Independents, had mixed reactions to a number of moments in Trump’s speech. Carter found that the most polarizing issue of the night was gender policy. One of the president’s special guests was Sage Blair, a young woman whose family filed a 2023 lawsuit alleging that Appomattox County High School staff socially transitioned her and treated her as a boy without her parents’ knowledge.

    ‘But surely we can all agree no state can be allowed to rip children from their parents’ arms and transition them to a new gender against the parents’ will,’ Trump said. ‘We must ban it, and we must ban it immediately.’

    When the president saw that Democratic lawmakers in the chamber did not stand at that remark, he ripped them as ‘crazy.’

    Supporters in the focus group reacted mostly positively to the gender policy remarks, saying things like ‘Protect children. Crazy people there’ and ‘If someone wants to change gender, they should do it as an adult. Period.’ Meanwhile, critics in the group slammed the president, with one saying that it was ‘a bold-faced lie’ and that Trump was taking ‘every opportunity to divide the country.’

    Despite the disparate reactions on the issues of voting and gender, there were some moments in which people of opposing views overlapped, both in favor and against the president. 

    Many supporters and opponents expressed concerns about Trump’s tone during the speech, the dial test showed. Carter noted that some supporters were unhappy with the president’s jokes, remarks about the Supreme Court and mentions of former President Joe Biden. Meanwhile, the president’s critics said the tone was ’embarrassing,’ ‘divisive’ and ‘selfish.’

    While there were many moments that caused disagreement among Americans across the political spectrum, there were points of unity in the speech. Republicans and Democrats had positive responses when Trump awarded the Purple Heart to Staff Sgt. Andrew Wolfe and deceased Army Spc. Sarah Beckstrom. Wolfe and Beckstrom were shot by a gunman who ambushed them last year in Washington, D.C. Wolfe was critically injured in the attack, and Beckstrom was killed. Her parents accepted the award in their daughter’s honor.

    Another unifying moment came when Trump brought out the U.S. men’s hockey team, which just scored a historic overtime victory against Canada in the Olympics. Carter noted that the president’s critics were pleased with the recognition of the Olympians, with one calling it a ‘nice moment.’

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    President Donald Trump warned in his State of the Union address that Iran has ‘sinister ambitions’ with its nuclear program and that the U.S. has not yet heard from Tehran that it will ‘never have a nuclear weapon.’ 

    The remarks come as the U.S. and Iran are gearing up for another round of negotiations on Thursday.  

    ‘After Midnight Hammer, they were warned to make no future attempts to rebuild their weapons program and, in particular, nuclear weapons. Yet they continue starting it all over. We wiped it out, and they want to start all over again and are at this moment again pursuing their sinister ambitions,’ Trump said Tuesday, referencing the U.S. strikes on Iranian nuclear facilities last summer. 

    ‘We are in negotiations with them. They want to make a deal, but we haven’t heard those secret words, ‘We will never have a nuclear weapon,’’ Trump added. ‘My preference is to solve this problem through diplomacy. But one thing is certain, I will never allow the world’s number one sponsor of terror, which they are by far, to have a nuclear weapon. Can’t let that happen.’ 

    ‘For decades it had been the policy of the United States never to allow Iran to obtain a nuclear weapon. Many decades. Since they seized control of that proud nation 47 years ago, the regime and its murderous proxies have spread nothing but terrorism and death and hate,’ Trump also said during his speech. ‘They’ve killed and maimed thousands of American service members and hundreds of thousands and even millions of people with what’s called roadside bombs. They were the kings of the roadside bomb. And we took out [Iranian Gen. Qassim] Soleimani. I did that during my first term. Had a huge impact. He was the father of the roadside bomb.’ 

    ‘And just over the last couple of months with the protests, they’ve killed, at least, it looks like 32,000 protesters in their own country. They shot them and hung them. We stopped them from hanging a lot of them, with the threat of serious violence. But this is some terrible people. They’ve already developed missiles that can threaten Europe and our bases overseas, and they’re working to build missiles that will soon reach the United States of America,’ Trump said.

    Iranian foreign ministry spokesperson Esmail Baghaei said following Trump’s address that, ‘No one should be fooled by these prominent untruths.’ 

    ‘Whatever they’re alleging in regards to Iran’s nuclear program, Iran’s ballistic missiles, and the number of casualties during January’s unrest is simply the repetition of ‘big lies,’’ Baghaei claimed on X. 

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    Iran lashed out after President Donald Trump put the regime on notice in his State of the Union address, delivering a forceful warning about Tehran’s ambitions while world leaders largely stayed silent in the immediate aftermath of the speech.

    Speaking amid the largest deployment of U.S. aircraft and warships to the Middle East since the 2003 Iraq War buildup, Trump said he wanted to resolve tensions with Iran through diplomacy while accusing Tehran of expanding its missile capabilities.

    ‘They’ve already developed missiles that can threaten Europe and our bases overseas,’ he said. ‘And they’re working to build missiles that will soon reach the United States of America.’

    ‘My preference is to solve this problem through diplomacy,’ Trump added. ‘They want to make a deal. But we haven’t heard those secret words: we will never have a nuclear weapon.’

    ‘But one thing is certain, I will never allow the world’s number one sponsor of terror… to have a nuclear weapon. Can’t let that happen.’

    Trump argued that previous U.S. action, including the ‘Operation Midnight Hammer’ strike in June, had severely degraded Iran’s capabilities but warned the threat had not disappeared.

    ‘We wiped it out and they want to start all over again and are at this moment again pursuing their sinister ambitions,’ he said.

    Tehran sharply rejected Trump’s claims about its missile and nuclear programs. According to The Associated Press, Iranian officials characterized U.S. statements as propaganda while stopping short of closing the door on diplomacy ahead of the Geneva talks.

    The Times of India reported that Iranian officials warned that any U.S. military strike, even a ‘limited’ one, would be treated as aggression and met with a decisive response.

    The exchange underscored the widening gap between public rhetoric and ongoing diplomatic efforts as Washington and Tehran prepared for another round of nuclear talks in Geneva.

    Trump also linked his foreign policy agenda to broader regional security efforts, pointing to recent operations in the Western Hemisphere and the U.S. campaign against drug cartels.

    ‘We’re also restoring American security and dominance in the Western Hemisphere, acting to secure our national interests and defend our country from violence, drugs, terrorism, and foreign interference,’ he said. ‘Large swaths of territory in our region, including large parts of Mexico… have been controlled by murderous drug cartels. That’s why I designated these cartels as foreign terrorist organizations… We’ve also taken down one of the most sinister cartel kingpins of all. You saw that yesterday,’ he said, referring to the operation that killed Mexican drug lord El Mencho.

    European coverage portrayed the speech as assertive and confrontational, with analysts watching closely for implications for NATO coordination, Ukraine policy and trade relations. Reporting emphasized Trump’s linkage between diplomacy and military readiness, as well as the administration’s broader posture toward alliances and deterrence.

    ‘NATO countries… have just agreed, at my very strong request, to pay 5% of GDP for military defense rather than the 2%,’ Trump said during the address, presenting the move as evidence of shifting burden-sharing within the alliance.

    Across global media, one theme emerged clearly: the address appeared primarily geared toward domestic political messaging while still carrying international signaling effects.

    Trump repeatedly tied American military power to deterrence, telling lawmakers the United States would ‘never hesitate to confront threats to America wherever we must,’ while emphasizing a broader strategy of ‘peace through strength,’ according to Reuters coverage of the speech.

    Foreign policy analysts cited in international reporting described the address as reinforcing a transactional approach to global security, with diplomacy presented as conditional and backed by force.

    For Tehran, the message was unmistakable. Trump framed the nuclear issue as non-negotiable in outcome, as the next round of negotiations is set to start in Geneva on Thursday.

    The Associated Press and Reuters contributed to this report.

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     finlay minerals ltd. (TSXV: FYL,OTC:FYMNF | OTCQB: FYMNF) (‘Finlay’ or the ‘Company’) is pleased to announce that the 2025 exploration results from the PIL property have identified several drill-ready targets and new porphyry targets warranting further investigation. The property is strategically positioned within a significant porphyry corridor located in the Toodoggone district and is currently subject to an Earn-In Agreement with Freeport-McMoRan Mineral Properties Canada Inc. (‘Freeport’).(1)

    Finlay Minerals Ltd. logo (CNW Group/Finlay Minerals Ltd.)

    Highlights from the 2025 Exploration Program include:

    • Defined a buried 2,000-meter x 1,200-meter (‘m’) chargeability anomaly at the Reef porphyry gold + copper target → drill ready.
    • Expanded the PIL South copper + gold porphyry target chargeability anomaly to 1,200 m x 2,300 m → drill ready.
    • Defined a large chargeability and resistivity anomaly below the Gold porphyry target → drill ready.
    • Identified a moderate chargeability halo below the large copper + gold + molybdenum soil geochemical anomaly at Copper Ridge.
    • Mapping at the Spruce area has further advanced its potential for a significant discovery.
    • Generated new regional targets from the 2025 Airborne Magnetic and large-scale geochemical sampling surveys.

    Ilona B. Lindsay, Finlay’s President & CEO states:

    Our 2025 exploration program, with Freeport’s funding support, delivered on several fronts:  taking three targets – the Reef, PIL South and Gold, to the drill-ready stage, expanding two further targets and identifying multiple new regional targets. The PIL continues to be one of the gems in Finlay’s property portfolio.’

    The 2025 exploration program targeted the Reef, PIL South, Gold, Copper Ridge, Zeus, and Spruce areas of the PIL. It involved collecting 381 rock samples, 1,494 soil samples, and 561 SWIR data points (Refer to Figure 1). In addition, 46  line-kilometers of Induced Polarization and a 1,533 line-kilometer Airborne Magnetic Survey across the entire property were completed. The Airborne Magnetic survey identified significant and multiple northwest-trending structures such as the Saunders and Pillar faults (Refer to Figure 2). Between these major northwest structures are dilational zones with coincident geochemical and geophysical anomalies that could represent major targets for porphyry mineralization.

    Figures:

    Figure 1:  PIL Property 2025 Copper + Gold Soil Geochemical Anomalies;

    Figure 2:  PIL Property 2025 Airborne Magnetics;

    Figure 3:  PIL Property 2025 IP Surveys with Copper Soil Geochemical Anomalies;

    Figure 4:  PIL Property 2025 IP Surveys with Gold Soil Geochemical Anomalies;

    Figure 5:  PIL Property 2025 IP Section 6,348,900N in relation to previous Reef & PIL South Drill Holes and    AuRORA’s Drill Hole JP25120.

    Overview of 2025 Exploration Program Targets 

    Reef –

    Fieldwork in 2025 identified key characteristics in the Reef area that are commonly found directly above mineralized porphyry centers. The 2025 surface mapping at Reef shows alteration characteristic of a lithocap which is a large alteration zone often found above gold + copper porphyry systems.

    An Induced Polarization (‘IP’) survey defined a 2,000 meters by 1,200 meters chargeability high and resistivity high anomaly that ranges between 200 m to 425 m below surface This IP anomaly  appears to trend west-southwest towards Freeport and Amarc Resources’ drill hole JP25120, which intersected 33 meters assaying 0.58 g/t Au, 0.22% Cu, and 5.4 g/t Ag from a depth of 564 meters(2) , with the hole bottoming in mineralization. JP215120 lies 200 meters south of the PIL. (Refer to Figure 5.)  The Reef target, located 500 to 2,000 meters northeast of the AuRORA discovery, will be a priority for the 2026 exploration program.

    PIL South –

    Pil South is located east of the Reef target. The 2025 IP survey defined a 1,200 m by 2,300 m chargeability-high and resistivity-low anomaly, coincident with a magnetic high anomaly and a significant copper and gold soil geochemical anomaly. Drilling in 2024 intersected porphyry mineralization but did not reach sufficient depth or effectively target the area. Historic drill holes failed to test the depths necessary for mineralization.

    Gold –

    The Gold target is on the eastern side of the Saunders Fault, and in a similar setting to that seen at AuRORA and Reef. The 2025 induced polarization (IP) survey identified a 900 m by 1,400 m chargeability-high and resistivity-low anomaly to the northwest and southeast. This anomaly corresponds to a 900 m by 1,800 m multi-element soil geochemical signature containing copper, gold, molybdenum, selenium, and bismuth, typically found above a porphyry source. Drilling in 1986 at 100 m depth encountered elevated gold and anomalous copper, silver, and zinc, indicating a high-sulfidation system commonly associated with porphyry systems.

    Copper Ridge –

    The Copper Ridge target features a significant geochemical soil anomaly for copper, gold, molybdenum, and selenium, situated over the Black Lake intrusions. A 2025 IP survey identified a 340 m by 450 m chargeability anomaly, which is part of a larger halo measuring nearly 1,300 meters wide. Initial mapping has identified mineralized structures within the intrusions, and further mapping is planned to locate a potential buried porphyry that could explain the large soil anomaly.

    Spruce Area –

    Spruce North has been identified as a promising porphyry target based on mapping and sampling conducted in 2025. Previous work in the area revealed geochemical anomalies of copper, gold, molybdenum, and selenium. Recent mapping has uncovered advanced argillic alteration linked to both high and low sulphidation zones, suggesting the potential for a nearby porphyry deposit. Airborne Magnetics data also indicates a northwest-trending structure that may act as a dilation zone between the Black and Pillar Faults, favourable for porphyry intrusions.

    2026 Plans –

    Planning for the 2026 exploration season is underway. The Company plans to drill test the Reef target, following up on the 2025 mapping and IP results. Geological mapping and IP surveys will be conducted at Gold, Copper Ridge, and Spruce to refine drill targets, and regional mapping and soil sampling will be conducted at other sites.

    Both the PIL and ATTY exploration programs are fully funded through Earn-In Agreements with Freeport. Freeport may  earn up to an 80% interest in each property by investing $35 million in exploration and making cash payments of $4.1 million over six years. Finlay will act as the operator for both properties and receive an operator’s fee. (1)

    References:

    1.       Finlay news releases NR 03-25 dated April 17, 2025, titled: ‘Finlay Minerals Enters into Earn-In Agreements with Freeport for its PIL & ATTY Properties‘ and NR 05-25 dated May 2, 2025 and entitled: ‘Finlay Minerals Receives TSX Venture Exchange Approval for PIL Earn-In Agreement.

    2.       Amarc Resources Ltd. news release dated January 23, 2026 titled: ‘Amarc and Freeport Continue Expanding High Grade Aurora Copper-Gold-Silver Deposit‘.

    Qualified Person:

    Wade Barnes, P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

    Quality Control/Quality Assurance Program:

    Soil samples were sent to the ALS Canada Ltd. (‘ALS’), North Vancouver, Canada facility for preparation and analysis. At ALS, soil samples were dried at 60°C and sieved to -180 μm (-80 mesh). The -80 mesh fraction for all samples were analyzed for Au at ALS by fire assay fusion of a 30 g sub-sample with an ICP-AES finish. Samples were further analyzed for 48 elements using four-acid super trace analysis (ME-MS61).

    Rock samples were selective in nature and ranged from mostly grab samples from outcrop and minor float samples. The rock samples were crushed to 70% passing <2 mm size, mechanically split (riffle split) with a representative sample being pulverized to 85% passing <75 μm. Samples were then analyzed for Au at ALS by fire assay fusion of a 30 g sub-sample with an ICP-AES finish. Samples were further analyzed for 48 elements using four-acid super trace analysis (ME-MS61). ALS is ISO/IEC 17025 accredited.

    As part of a comprehensive Quality Assurance/Quality Control (‘QA/QC’) program, Finlay control samples were inserted in each soil sample analytical batch at the rate of one standard and/or blank in 25 regular samples. The control sample results were then checked to ensure proper QA/QC.

    About finlay minerals ltd.

    Finlay is a TSXV company focused on exploration for base and precious metal deposits through the advancement of its ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host copper-gold porphyry and gold-silver epithermal targets within different porphyry districts of northern and central BC. Each property is located in areas of recent development and porphyry discoveries with the advantage of hosting the potential for new discoveries.

    Finlay trades under the symbol ‘FYL’ on the TSXV and under the symbol ‘FYMNF’ on the OTCQB. For further information and details, please visit the Company’s website at www.finlayminerals.com 

    On behalf of the Board of Directors,

    Robert F. Brown,
    Executive Chairman of the Board

    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 Information: This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements.  Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as ‘expect’, ‘plan’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘schedule’, ‘forecast’, ‘budget’, ‘estimate’, ‘intend’ or ‘believe’ and similar expressions or their negative connotations, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’, ‘should’ or ‘might’ occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the PIL Property. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay’s proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements, and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law. 

    SOURCE finlay minerals ltd.

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    Transition Metals Corp. (TSXV: XTM,OTC:TNTMF) (‘Transition’ or the ‘Company’), is pleased to announce that it will exhibit at the 2026 Prospectors & Developers Association of Canada (‘PDAC’) conference in Toronto, Ontario, from March 1-4, 2026.

    Transition will showcase its’ project portfolio and will be available to meet with investors, strategic partners, and industry participants throughout the convention. Attendees are invited to visit Transition in the Investors Exchange at Booth #2126 at the Metro Toronto Convention Centre.

    Transition President & CEO Scott McLean commented: ‘PDAC is an important venue for building relationships and advancing business development initiatives. We are always interested in connecting with groups looking for high-quality Canadian exploration opportunities, and to discuss partnership structures that can advance projects while preserving shareholder leverage. We look forward to renewing our existing industry partnerships and developing new ones during PDAC.’

    The Transition Team (Figure 1) will be in attendance for the duration of the conference, including Scott McLean (CEO), Greg Collins (COO), Tom Hart (Chief Geologist), Ben Williams (Exploration Manager), Sarah Reese (Project Geologist), and Bill Stormont (Corporate Development). We encourage conference participants to stop by our booth to learn more about Transition and our board portfolio of projects.

    Cannot view this image? Visit: https://images.newsfilecorp.com/files/2766/285249_dd8668ef043f9b73_001.jpg

    Figure 1: Transition Metals Team to attend PDAC 2026

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/2766/285249_dd8668ef043f9b73_001full.jpg

    Explore our Project Portfolio

    Transition Metals is a dynamic multi-commodity mineral exploration company. Known for our creative use of cutting-edge technologies, custom-built digital compilations, and rigorous fieldwork, our team has been successful identifying opportunities that may otherwise have remained undiscovered. The Company’s portfolio encompasses over 23 projects and royalties, with multiple opportunities available for partnership, option, or acquisition (Figure 2, Table 1).

    Cannot view this image? Visit: https://images.newsfilecorp.com/files/2766/285249_transition_figure2_550.jpg

    Figure 2: Map of Transition Metals’ portfolio of projects and royalties within Canada

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/2766/285249_transition_figure2_550.jpg

    Meeting Requests

    To arrange an in-person meeting at PDAC, please contact:

    Bill Stormont
    Corporate Development
    Transition Metals Corp.
    Email: bstormont@transitionmetalscorp.com

    Table 1: Select projects from Transition Metals’ portfolio

    Commodity Province Name Comment
    Au ON Gowganda Camp Scale Gold System in the Abitibi
    PGM ON Saturday Night PGE Mineralized Early-MCR Intrusion
    Au-Ag-Cu YK Pike Warden Emerging Epithermal / Porphyry System
    Au ON Jolly Gold Camp Scale Gold System in the Wabigoon
    Ni-Cu-PGM ON Maude Lake Large Intrusion Hosting High-Tenor Nickel System
    Au BC Homathko Drill Ready High Grade Gold System
    Au NS Highland Gold District Scale Gold System
    U NT Dessert Lake District Scale Unconformity Uranium Prospect
    Au ON Cryderman High Grade Orogenic Gold
    Cu & Zn SK Wollaston District Scale Sedimentary-hosted Mineralization
    Ni ON Bancroft Structurally Modified Magmatic Sulphides
    Cu-Au ON Island Copper Breccia Hosted Copper-Gold System
    Ni ON Owl Lake Large Early-MCR Intrusion

     

    Qualified Person

    The technical elements of this news release have been approved by Mr. Benjamin Williams, P.Geo. (PGO), Exploration Manager of Transition Metals Corp., and a Qualified Person under National Instrument 43-101.

    About Transition Metals Corp.

    Transition Metals Corp. (TSXV: XTM,OTC:TNTMF) is a Canadian-based, multi-commodity explorer. Its award-winning team of geoscientists has extensive exploration experience which actively develops and tests new ideas for discovering mineralization in places that others have not looked, often allowing the company to acquire properties inexpensively. Joint venture partners earn an interest in the projects by funding a portion of higher-risk drilling and exploration, allowing Transition to conserve capital and minimize shareholder’s equity dilution.

    Further information is available at www.transitionmetalscorp.com or by contacting:

    Scott McLean
    President and CEO
    Transition Metals Corp.
    Tel: (705) 667-6178

    Cautionary Note on Forward-Looking Information

    Except for statements of historical fact contained herein, the information in this news release constitutes ‘forward-looking information’ within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as ‘plans’, ‘proposes’, ‘estimates’, ‘intends’, ‘expects’, ‘believes’, ‘may’, ‘will’ and include without limitation, statements regarding estimated capital and operating costs, expected production timeline, benefits of updated development plans, foreign exchange assumptions and regulatory approvals. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

    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 release.

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    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285249

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    Rzolv Technologies Inc. (TSXV:RZL,OTC:RZOLF OTCQB:RZOLF), based in Vancouver Canada, and focused on disruptive gold recovery technologies, announced today that Duane Nelson, CEO, will present live at the Clean Energy & Renewables Virtual Investor Conference hosted by VirtualInvestorConferences.com, on March 5th, 2026

    DATE: March 5th
    TIME: 1:00 PM ET

    REGISTER HERE

    Available for 1×1 meetings: March 9th– 13th. Schedule 1×1 Meetings here.

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to attend the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    Company Highlights

    • Positioned as the only effective alternative to $3B of cyanide used in gold mining annually
    • Completed successful 100-ton bulk test at Arizona Gold Mine
    • Independently verified by independent laboratories
    • Recently listed on OTCQB
    • Posed for rapid commercialization

    About Rzolv Technologies Inc.

    Rzolv Technologies Inc. is a clean-technology company developing innovative, non-cyanide hydrometallurgical solutions designed to address structural inefficiencies, regulatory complexity, and permitting challenges in modern gold extraction and mine-site remediation.

    The Company’s flagship technology, RZOLV™, is a proprietary water-based reagent system intended to recover gold from ores, concentrates, tailings, and secondary materials in applications where conventional cyanide chemistry is technically ineffective, increasingly restricted, or subject to heightened permitting complexity.

    While cyanide has been the dominant gold lixiviant for more than a century and remains widely used across the industry, evolving regulatory frameworks, extended permitting timelines, stricter environmental standards, and growing ESG scrutiny have created operational and approval challenges in certain jurisdictions and deposit types. In some regions, cyanide use faces partial or full prohibitions, while in others it requires enhanced containment, detoxification, transport, and monitoring protocols that can materially impact project economics and development schedules.

    RZOLV™ is designed as a lower-toxicity alternative with the potential to deliver comparable recovery performance and economic outcomes. The technology aims to expand the addressable gold market by enabling extraction in environments where cyanide use presents technical, environmental, or permitting constraints. For more information, please visit www.rzolv.com.

    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.

    About Virtual Investor Conferences®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS: Rzolv Technologies Inc Duane Nelson President & CEO (604) 512 8118 duane@rzolv.com Virtual Investor Conferences John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 johnv@otcmarkets.com

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