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The Department of Justice on Tuesday released nearly 30,000 pages of documents related to disgraced late financier Jeffrey Epstein. This is the latest batch of documents to be released since the DOJ began publishing files on Dec. 19.

The files include a number of revelations, including a psychological assessments from Epstein’s time in prison, a fake passport and his cellmate’s testimony about witnessing the financier’s first apparent suicide attempt. The newly released pages also include a claim made by an unidentified Epstein accuser who said that former President Bill Clinton’s name was used as a way to deter her from coming forward.

Here are some of the top takeaways.

Prison psychology report shows Epstein was deemed ‘low risk’ for suicide days before his death

A Bureau of Prisons psychological assessment released Tuesday by the DOJ showed Epstein was considered to be at ‘low’ acute suicide risk and showed no signs of suicidal ideation just days before his death, according to internal prison records.

The suicide risk assessment, conducted on July 9, 2019, states Epstein was placed on precautionary psychological observation due to the high-profile nature of his case and not because he expressed intent to self-harm.

‘Inmate Epstein adamantly denied any suicidal ideation, intention or plan,’ the chief psychologist wrote in the assessment.

The psychologist noted Epstein appeared ‘polite, calm, and cooperative’ during the evaluation, with ‘organized and coherent’ thoughts and no signs of acute psychological distress. Additionally, the psychologist documented Epstein saying that ‘being alive is fun,’ describing himself as a banker with a ‘big business,’ and expressing confidence in his legal defense.

The report concluded that ‘the Overall Acute Suicide Risk for this Inmate is: Low,’ and, ‘A suicide watch is not warranted at this time.’

Newly shared Bureau of Prisons records shed fresh light on what Epstein’s cellmate, Nicholas Tartaglione, says he witnessed during the disgraced financier’s first apparent suicide attempt while in federal custody.

‘I was asleep with headphones on when I felt something hit my legs,’ Tartaglione said, according to the memo.

‘I turned on the light and saw Epstein on the floor with something around his neck,’ he told investigators, adding that Epstein appeared unresponsive.

The records state Tartaglione immediately called for help after discovering Epstein on the ground. Correctional officers responded, and Epstein was taken for medical evaluation. Officials later described the incident as an apparent suicide attempt.

The documents also note that Epstein later accused Tartaglione of trying to kill him, a claim Tartaglione flatly denied.

‘That allegation is completely false,’ Tartaglione told investigators. Additionally, Bureau of Prisons officials said there was no evidence to support Epstein’s claim.

Epstein was later removed from the cell and placed under closer observation before his death weeks later in what was ruled a suicide.

Tartaglione was sentenced to four consecutive life sentences in 2024 for killing four people, according to prior reporting from Fox News Digital.

Epstein accuser said Clinton’s name was used to deter her from coming forward

A woman who accused Epstein of sexual misconduct said she was warned that his ties to former President Bill Clinton could prevent her from working if she spoke out, according to a sworn attorney-released statement in Tuesday’s DOJ document dump.

In the statement, dated August 27, 2019, the woman identified as Jane Doe alleged that after fleeing an encounter with Epstein at his Manhattan mansion, another woman cautioned her that Epstein ‘knew a lot of powerful people, including Bill Clinton,’ and that refusing him could end her career in the modeling industry.

The accuser said she believed the reference to influential figures was meant to intimidate her and discourage her from coming forward.

The statement does not allege that Clinton participated in or had knowledge of the alleged encounter. Clinton has previously denied wrongdoing in connection with Epstein.

Jeffrey Epstein’s fake passport revealed

The latest documents also include a fake passport that Epstein apparently used in the 1980s. The passport appeared to be issued from Austria, with Epstein going by the name ‘Marius Robert Fortelni.’ It listed Saudi Arabia as his place of residence. 

In a 2019 letter to a federal judge over his detention on sex trafficking charges, Epstein’s lawyers justified his use of a false identity. 

‘Eighth, as for the Austrian passport the government trumpets, it expired 32 years ago,’ his attorneys said in the letter. ‘And the government offers nothing to suggest — and certainly no evidence — that Epstein ever used it.’ 

‘In any case, Epstein – an affluent member of the Jewish faith – acquired the passport in the 1980s, when hijackings were prevalent, in connection to Middle East travel,’ the letter continued. ‘The passport was for personal protection in the event of travel to dangerous areas, only to be presented to potential kidnappers, hijackers or terrorists should violent episodes occur.’

Epstein requested ‘razor to shave,’ complained of lack of water weeks before death, document shows

Documents indicate that Epstein requested a razor to shave while in federal custody just weeks before his death, while also raising a series of complaints about his detention conditions.

In a July 30, 2019 internal communication labeled ‘Inmate Epstein,’ Epstein asked for a razor and requested access to water during attorney conferences, saying the available machine ‘does not have water’ and that he was becoming dehydrated, according to the document.

The same email notes Epstein claimed he did not receive all of his prescribed medications after being placed on psychological observation, and said he had not slept well in 21 days due to the absence of his CPAP machine. Epstein also complained about noise in the Special Housing Unit, warning he could suffer ‘psychological trauma’ from the conditions.

Fox News’ Bill Mears contributed to this report.

This post appeared first on FOX NEWS

President Trump has faced unprecedented lawfare, including four indictments, two impeachments and countless lawsuits aimed at keeping him from power, confiscating his wealth and even putting him in prison for life. The most stark example? The FBI’s August 2022 raid of his Mar-a-Lago property. This week, we learned that even FBI agents did not believe there was probable cause for the sham raid.

The Fourth Amendment is fundamental to our Republic. The government cannot search or seize one’s home, office, papers or person without probable cause. Usually, authorities must obtain a search warrant prior to searching or seizing.

When the raid on Mar-a-Lago became public, lawfare opponents were horrified, for we had crossed the Rubicon. FBI agents rummaged through Trump’s personal effects and took his passport. They staged photos of folders supposedly containing classified information haphazardly strewn about and the Justice Department under then-President Biden released them to the media to cast Trump in a negative light.

The material in question consisted of records that Trump was allowed to maintain under the Presidential Records Act. A battle started between Trump and the National Archives, which wanted some of the documents. Biden’s White House Deputy Counsel Jonathan Su waived executive privilege, allowing the Biden Justice Department to begin an investigation. The Justice Department obtained a warrant to search for and seize the records, and Trump was indicted for allegedly unlawful retention of classified materials the following year.

The entire process was corrupt. First, the records were under Secret Service protection. Former presidents receive federal funds for secure office space so that they can maintain classified records. Former presidents, prior to Biden’s disgraceful decision to lock out Trump, were entitled to receive classified intelligence briefings. Trump allowed government officials to come to Mar-a-Lago to view the records and was opposed only to turning them over.

Second, the motive for the return of the records had nothing to do with security concerns. Trump had many records concerning Operation Crossfire Hurricane, the official name for the Obama-Clinton Russian Collusion Hoax. The 2016 campaign of Hillary Clinton cooked up the claim that Trump colluded with Russia to hack Clinton’s emails. Trump sued Clinton and the Democratic National Committee based on the Russia investigation.

Third, the warrant was a sham because the magistrate was not neutral and detached. Magistrate Judge Bruce Rinehart of the Southern District of Florida signed the warrant. Just six weeks earlier, Rinehart had recused himself from the Trump/Clinton lawsuit. The reason was obvious: Rinehart, while a civilian in 2017, had written a Facebook post viciously bashing Trump. The Biden Justice Department ran to a blatantly biased judge in order to procure the warrant.

This week, through documents released by Senate Judiciary Committee Chairman Chuck Grassley, we learned that even agents in the FBI’s Washington Field Office did not think that probable cause existed for the raid. The involvement of the Washington Field Office itself is scandalous. The alleged crime occurred in the Southern District of Florida. Yet, Biden special counsel Jack Smith used a D.C. grand jury to obtain subpoenas. D.C. voted for Trump’s opponents at a clip of 90% or more during the last three elections. Smith also went to shamelessly leftist D.C. Chief District Judges Beryl Howell and James Boasberg to obtain favorable rulings. Smith only indicted Trump in the Southern District of Florida because he feared that a D.C. conviction would get reversed over improper venue.

Florida District Judge Aileen Cannon invalidated Smith’s appointment on constitutional grounds. Then, Trump won a decisive electoral victory last November, and Smith ended his ignominious witch hunt, fleeing back to Europe.

The lawfare waged against Trump, his aides, his supporters, and even members of Congress, most blatant during Operation Arctic Frost, where nearly a dozen senators had their phone records seized, threatened to destroy the Republic. The lawfare perpetrators failed, however, and it is time for legal accountability in the form of an indictment for conspiracy against rights pursuant to 18 U.S.C. § 241.

The government searched a former president’s home without probable cause to seize records in order to protect a corrupt former presidential candidate and to end the future political prospects of Trump. And the government procured the search warrant from a biased judicial disgrace who had no business anywhere near any case involving Trump. What occurred is a stain on the judiciary and the nation. Justice must, and will, come.

This post appeared first on FOX NEWS

Artificial intelligence (AI) has cemented its role as a key sector for investors, but its path forward is shifting.

Several catalysts, including sustained AI infrastructure spending and US Federal Reserve interest rate cuts, are poised to drive tech sector growth in 2026; however, massive capital expenditure digestion by hyperscalers, alongside increasing demands for a return on investment and persistent power supply limitations, are influencing a rotation in focus, with risks like high valuations and policy uncertainty potentially capping AI industry gains.

Overall, experts are calling for the technology sector to navigate a delicate balance between aggressive expansion and necessary financial discipline in 2026, with AI at the heart of these matters.

Capex digestion and AI verticalization

AI capital expenditures by hyperscalers are projected to fuel demand for semiconductors, data centers and related infrastructure in the year head, as per Nicholas Mersch, portfolio manager at Purpose Investments.

According to notes from multiple analysts, the Big Four — Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL) and Amazon (NASDAQ:AMZN) — are slated to spend over US$300 billion on AI infrastructure. Mersch cited forecasts that see hyperscaler capex hitting roughly US$600 billion in 2026.

“Over the next 12 to 24 months, the narrative likely shifts from who can build fastest to who can drive the highest revenue and margin per dollar of AI infrastructure,’ Mersch added. “This is where verticalization matters. The companies that can capture the full stack, from silicon to applications, look like they will win.’

His top pick in this arena is Google, followed by Microsoft.

While the cloud layer remains a high-stakes game of concentration among a few platforms, Mersch said the hardware layer underneath is beginning to fragment as the chip stack quietly diversifies.

“Large multi-year AI chip deals are broadening the market beyond NVIDIA (NASDAQ:NVDA), with Advanced Micro Devices (NASDAQ:AMD) and custom application-specific integrated circuit (ASIC) programs winning meaningful share. High-bandwidth memory (HBM) has become the real bottleneck and profit pool, with tri-sourced HBM3E, an emerging HBM4 race and surging HBM demand from ASICs,’ the expert said.

‘The result is a more plural, multi-vendor accelerator ecosystem. Looking out to the second half of the decade, total AI silicon spend can keep growing even if individual GPU vendors see more competition and pricing pressure, with memory, packaging and custom silicon capturing a larger share of the economics.’

Chip diversification, however, is now colliding with HBM and packaging shortages, constraining output from 2026 to 2027. BMI’s Cedric Chehab notes that rapid capex growth is outpacing supply, ruling out near-term oversupply, but warns of volatility if data center investments fail to deliver profitability amid persistent infrastructure shortages.

Power as a binding constraint for AI

Power limits are a specter looming above AI expansion heading into 2026.

“Individual campuses are pushing past 1 gigawatt, utilities in key regions are scrambling to add generation and transmission and Big Tech is signing multi-gigawatt nuclear and long-term power deals, including restarts of previously shuttered plants,” explained Mersch. US data center demand is now poised to triple by 2030, thrusting utilities, nuclear operators and grid infrastructure into prime investment orbits.

“Even Google has acknowledged that serving capacity needs to double roughly every six months,” he added.

Alphabet, the parent company of Google, and other hyperscalers became active infrastructure developers in 2025, inking high-profile strategic deals designed to secure 24/7 — and carbon-free — energy for AI data centers.

Google’s deal with Elementl Power in May to provide capital to develop three advanced nuclear sites in the US represents a shift toward nuclear energy that is perhaps the most significant structural change in the AI landscape today, further extending the verticalization narrative into the power grid itself.

The shift toward energy-backed AI is being institutionalized at the highest levels of finance. In late 2025, JPMorgan Chase (NYSE:JPM) launched its US$1.5 trillion Security and Resiliency Initiative, a decade-long plan specifically targeting the intersection of AI, grid infrastructure and nuclear energy.

By earmarking US$10 billion in direct equity for US firms, the initiative effectively underwrites the full-stack transition.

Are AI stocks in a bubble?

The path for AI is moving from building technology to proving its value. While many experts remain optimistic, the transition from deployment to execution introduces new risks that could define the industry’s next winners and losers.

As organizations fully embed AI into their core workflows, the operational stakes are shifting. Infrastructure strategies are diversifying as security-conscious businesses seek more control over their high-value AI workloads.

Simultaneously, the rise of agentic AI, which automates full workflows, combined with cost and complexity issues on major hyperscalers, will lead to a trend of cloud repatriation toward regional and bare-metal platforms.

Despite concerns over a potential bubble, the industry will continue to receive massive institutional backing. B2BROKER’s John Murillo rejects the idea of an AI bubble, comparing OpenAI to Edison’s plants amid giants’ resilience.

‘In the case of dot-coms, everyone was investing just to invest; it didn’t matter what exactly to choose and some of the projects didn’t have a solid foundation. With AI, it’s not like this. The technology proves its worthiness every day, and it has already swept away many junior analysts,’ Murillo emphasized.

Nevertheless, high AI valuations risk corrections if adoption disappoints or energy constraints emerge.

The success of the current capex cycle will depend on whether these investments translate into measurable operating leverage and cost savings through the back half of the decade.

“The bubble scenario is very unlikely,” Murillo added. “I think in the current economic situation, there are problems much worse than a potential bubble.”

For example, geopolitical tensions, sticky inflation and US midterm elections could spark volatility, prompting sector rotations away from overvalued mega caps.

Investor takeaway

The investment focus in AI is shifting from the initial narrative to tangible execution and quantifiable profitability. While the challenges of elevated valuations and geopolitical instability persist, some experts dismiss comparisons to a technology bubble, arguing the sector’s demonstrated value offers a stable underpinning.

Future leaders in the AI industry will be distinguished by their capacity to convert infrastructure spending into significant operating leverage and cost efficiencies.

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

This post appeared first on investingnews.com

President Donald Trump’s newly appointed envoy to Greenland said Tuesday the administration wants to open a dialogue with residents of the territory, stressing the U.S. is not seeking to ‘conquer’ the island.

During an appearance on Fox News’ ‘The Will Cain Show,’ Louisiana Gov. Jeff Landry, who was tapped as special envoy to Greenland by Trump on Sunday, said discussions must be had with Greenlanders to understand what they want moving forward.

‘What are they looking for? What opportunities have they not gotten? Why haven’t they gotten the protection that they actually deserve?’ Landry said.

Landry added that the U.S. ‘has always been a welcoming party,’ and that the Trump administration is not going to ‘go in there trying to conquer anybody’ or ‘take over anybody’s country.’

Landry’s comments came after Danish leaders sharply criticized Trump after he announced the appointment of the new special envoy to Greenland, a territory controlled by Denmark.

‘We have said it before. Now, we say it again. National borders and the sovereignty of states are rooted in international law,’ Danish Prime Minister Mette Frederiksen and Greenlandic Prime Minister Jens-Frederik Nielsen said in a joint statement Monday. ‘They are fundamental principles. You cannot annex another country. Not even with an argument about international security.’

Trump wrote on Truth Social Monday that Landry ‘understands how essential Greenland is to our National Security, and will strongly advance our Country’s Interests for the Safety, Security, and Survival of our Allies, and indeed, the World.’

On Tuesday, Danish Foreign Minister Lars Løkke Rasmussen called Trump’s comments ‘completely unacceptable,’ adding that he would summon the U.S. ambassador.

The Danish kingdom, he wrote on Facebook, is ‘sovereign and cannot accept that others question it.’

Trump has previously expressed ambitions for the U.S. to acquire Greenland, posting on Truth Social in December 2024 that ‘ownership and control of Greenland is an absolute necessity’ for national security purposes.

In another post from January 2025, Trump said Greenland is an ‘incredible place,’ and its people will ‘benefit tremendously if, and when, it becomes part of our Nation,’ before declaring, ‘MAKE GREENLAND GREAT AGAIN!’

Fox News Digital has reached out to the White House for comment.

Fox News Digital’s Alex Nitzberg and The Associated Press contributed to this report.

This post appeared first on FOX NEWS

Gold marked a new price milestone on Tuesday (December 23), continuing its record-breaking 2025 run.

The spot price rose as high as US$4,511.83 per ounce, hitting that point at 4:04 p.m. PST.

Gold spot price chart, December 16 to 23, 2025.

Gold spot price chart, December 16 to 23, 2025.

The yellow metal’s latest rise caps off what’s been a historic year.

After starting 2025 around US$2,640, gold had risen to the US$3,200 level by April. It stayed within a fairly flat range until the end of August, when it launched higher once again, breaking US$4,300 in mid-October.

Gold took a breather following that move, even falling briefly below US$4,000; however, its retracement was neither as steep nor as long as market watchers expected. It began gaining steam again in mid-November, and took off again in earnest this week, powering higher along with its sister metal silver, which is currently over US$71 per ounce.

Both metals benefit from geopolitical tensions and economic uncertainty, which have been present on a global scale throughout the year. Interest rate cuts from the US Federal Reserve have provided support too, as have expectations of easier monetary policy after Fed Chair Jerome Powell’s term ends next year.

Gold also continues to benefit from strong central bank buying, while silver’s industrial side is attracting attention. Although it is valued as an investment metal, it’s key for technology such as solar panels.

Elsewhere in the precious metals space, platinum rose to a fresh record on Tuesday, reaching US$2,355.83 per ounce. Palladium remains below its top price level, but is elevated at around US$1,895 per ounce.

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

This post appeared first on investingnews.com

(TheNewswire)

Harvest Gold Corporation

   

Vancouver, British Columbia / December 23, 2025 ‑ TheNewswire – Harvest Gold Corporation (TSXV: HVG,OTC:HVGDF) (‘Harvest Gold‘ or the ‘Company‘) is pleased to announce the completion of its maiden drill program on the northern and central areas of Mosseau, its flagship project in Quebec’s Abitibi Urban Barry belt, the home to Gold Field’s Windfall deposit. Further is a summary of the advancements made on Harvest Gold’s district scale land package in 2025.

Harvest Gold President and CEO, Rick Mark, states: ‘Looking back, it has been a very busy and successful year advancing our three property, district scale land package in the Quebec Urban Barry belt. We could not have done it without the ongoing support of our largest shareholder, Crescat Capital, who now owns approximately 19.9% of Harvest Gold, and all the other investors who participated in our three private placements this year. I also want to recognize Louis Martin, who has led our excellent geological team and managed the various exploration and drilling programs conducted in 2025. We are very much looking forward to 2026’.

MOSSEAU

Harvest Gold completed 21 diamond drill holes totaling 4,692 metres on the Mosseau property. Drilling targeted the northern and central areas of the property. Assay results for the northern drill holes have been received and have either been reported or are currently being compiled. Assay results from the central portion of the property are pending, with complete results from both areas expected in January.

Diamond drilling was carried out by Forage Rouillier Drilling of Amos. Drill supervision and core logging were completed by Explo-Logik, and drill core analyses were performed by AGAT Laboratories.

Additional work on Mosseau completed in 2025 included expanded magnetic coverage flown by Novatem over newly staked claims adjoining the Mosseau Property and a second phase of prospecting and a soil sampling program by IOS.

URBAN BARRY

A regional, property-wide reconnaissance till sampling program was completed by IOS in 2025. Results are pending and are expected in January 2026.

LaBELLE

A property wide high-resolution airborne magnetic survey flown by Novatem was completed over the Labelle property. This survey confirmed the extension of the Kiask River Corridor across the property. A prospecting and soil survey was also completed over the western part of the property. Results are pending and are expected in January 2026.

FINANCING

In 2025, the Company raised a total of $3,429,299.89 in three non-brokered private placements to fund exploration activities on its three properties in Quebec’s Urban Barry belt.

About Harvest Gold Corporation

Harvest Gold is focused on exploring for near-surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold’s board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.

Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 ha, located approximately 45-70 km west of Gold Fields Limited’s – Windfall Deposit.

Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories.  Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.

Harvest Gold’s three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favorable strike along mineralized shear zones.

Qualified Person Statement

All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark
President and CEO
Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata
@ 604.737.2303 or
info@harvestgoldcorp.com

Neither 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.

Forward Looking Information

This news release includes certain statements that may be deemed ‘forward looking statements’. All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur.

Although the Company 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 may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. 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. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Sun Summit Minerals Corp. (TSXV: SMN,OTC:SMREF) (OTCQB: SMREF) (‘Sun Summit’ or the ‘Company’) is pleased to announce that it has closed its non-brokered private placement (the ‘Private Placement’) previously announced in the Company’s press releases on December 9, 2025 and December 12, 2025, through the issuance of (i) 67,857,143 charity flow-through common shares in the capital of the Company (each, a ‘Charity FT Share’) at a price of $0.14 per Charity FT Share; and (ii) 20,000,000 non-flow-through common shares in the capital of the Company (each, an ‘NFT Shares’) at a price of $0.10 per NFT Share, for aggregate gross proceeds to the Company of $11,500,000.

The Charity FT Shares qualify as a flow-through share within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the ‘Tax Act‘).

The Company intends to use the gross proceeds of the Private Placement for exploration of the Company’s JD, Theory and Buck properties and any other Canadian properties that the Company may acquire, and for general working capital purposes, provided that the Company will use an amount equal to the gross proceeds received by the Company from the sale of the Charity FT Shares to incur eligible ‘Canadian exploration expenses’ that will qualify as ‘flow-through mining expenditures’ as such terms are defined in the Tax Act.

In connection with the Private Placement, the Company paid aggregate cash finder’s fees of $303,380 and granted an aggregate of 2,944,400 non-transferable finder warrants of the Company (each, a ‘Finder Warrant‘) to arm’s length finders of the Company in connection with the Private Placement. Each Finder Warrant entitles the holder thereof to purchase one Common Share of the Company, at an exercise price of $0.14 per share until December 23, 2027.

The Private Placement is subject to the final approval of the TSX Venture Exchange (the ‘TSXV‘). The securities issued in the Private Placement are subject to a hold period expiring on April 24, 2025, in accordance with applicable securities laws.

This press 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 the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.

Options Issuance

The Company also announces that it has, subject to approval of the TSXV, granted an aggregate of 9,000,000 stock options of the Company (the ‘Options‘) to certain employees, directors and advisors of the Company, in accordance with the rules of the TSXV and the Company’s stock option plan. Each Option entitles the holder thereof to acquire one common share in the capital of the Company (each, a ‘Common Share‘) at an exercise price of $0.15 per Common Share until December 23, 2030.

About Sun Summit

Sun Summit Minerals (TSXV: SMN,OTC:SMREF) (OTCQB: SMREF) is a mineral exploration company focused on the discovery and advancement of district scale gold and copper assets in British Columbia. The Company’s diverse portfolio includes the JD and Theory Projects in the Toodoggone region of north-central B.C., and the Buck Project in central B.C.

Further details are available at www.sunsummitminerals.com.

On behalf of the board of directors

Niel Marotta
Chief Executive Officer & Director
info@sunsummitminerals.com

For further information, contact:

Matthew Benedetto, Simone Capital
mbenedetto@simonecapital.ca
Tel. 416-817-1226

Forward-Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management’s assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as ‘anticipate’, ‘will’, ‘expect’, ‘may’, ‘continue’, ‘could’, ‘estimate’, ‘forecast’, ‘plan’, ‘potential’ and similar expressions. Forward-looking statements contained in this press release may include, but are not limited to, use of proceeds of the Private Placement; the size and scope of the drill program at the JD property; the Company’s exploration plans and forecasts; and obtaining regulatory approval for the Private Placement, the grant of Options and exploration plans of the Company. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, without limiting the generality of the following, include: the state of the equity financing markets in Canada and other jurisdictions; the receipt of regulatory approval; the Company’s ability to complete the drill program as currently contemplated; risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; and fluctuations in metal prices. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. Except as required by applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

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.

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278984

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Lobo Tiggre, CEO of IndependentSpeculator.com, described uranium’s key role in providing baseload energy, a narrative that is only being heightened by added artificial intelligence data center and electric vehicle (EV) demand projections.

“The use case is baseload power. There’s no substitution, and the world is building like gangbusters,” he explained. “If the EV story completely went away, it wouldn’t undo the thesis for uranium, It would remove a tailwind, not the base story.”

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

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Gold marked a new price milestone on Tuesday (December 23), continuing its record-breaking 2025 run.

The spot price rose as high as US$4,496.24 per ounce in midday trading, while gold futures broke US$4,500.

Gold spot price chart, December 16 to 23, 2025.

Gold spot price chart, December 16 to 23, 2025.

The yellow metal’s latest rise caps off what’s been a historic year.

After starting 2025 around US$2,640, gold had risen to the US$3,200 level by April. It stayed within a fairly flat range until the end of August, when it launched higher once again, breaking US$4,300 in mid-October.

Gold took a breather following that move, even falling briefly below US$4,000; however, its retracement was neither as steep nor as long as market watchers expected. It began gaining steam again in mid-November, and took off again in earnest this week, powering higher along with its sister metal silver, which is currently over US$71 per ounce.

Both metals benefit from geopolitical tensions and economic uncertainty, which have been present on a global scale throughout the year. Interest rate cuts from the US Federal Reserve have provided support too, as have expectations of easier monetary policy after Fed Chair Jerome Powell’s term ends next year.

Gold also continues to benefit from strong central bank buying, while silver’s industrial side is attracting attention. Although it is valued as an investment metal, it’s also used in technology such as solar panels.

Elsewhere in the precious metals space, platinum rose to a fresh record on Tuesday, reaching US$2,296.94 per ounce. Palladium remains below its top price level, but is elevated at around US$1,870 per ounce.

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

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The recently launched ‘GenAI’ tool for U.S. service members and Department of War workers is a ‘critical first step’ in the future of warfare, according to a military expert.

This month, the Pentagon announced the launch of GenAI.mil, a military-focused AI platform powered by Google Gemini. Secretary of War Pete Hegseth said the platform is designed to give U.S. military personnel direct access to AI tools to help ‘revolutioniz[e] the way we win.’

On Monday, the Department of War also announced that the Pentagon is further integrating Elon Musk’s xAI Grok family of models into the GenAI platform, allowing employees to use xAI safely on secure government systems for routine work, including tasks involving sensitive but unclassified information.

In an interview with Fox News Digital, Emelia Probasco, a Navy veteran, former Pentagon official and senior fellow at Georgetown University’s Center for Security and Emerging Technology, explained that the tool will help train Department of War service members and civilians on the use of artificial intelligence in their everyday workflow, preparing them for further integration of AI in military matters.

Probasco said the tool will have a ‘big impact’ on the everyday functioning of the Department of War.

‘Prior to the rollout of this new website and having Gemini 3 available to the force, folks were either using sort of a tool that wasn’t as capable … or even worse, they were sort of going to their home computers and trying to do various things on their home computers, which they’re not supposed to do, but it was probably happening,’ Probasco explained. ‘Now they’ve got a more secure environment where they can experiment with these tools and really start to learn what they’re good for and what they’re not good for.’

While Probasco said she does not believe the tools, such as the GenAI platform, ‘fully changes war,’ she thinks ‘it’s the critical first step in training so that we know how to use it well.’

She said that the Department of War has ‘made it very clear in the past year that they want to forge ahead and be innovative and try new things and adopt AI.’

The GenAI tool, Probasco said, gives the department a type of sandbox to experiment with for still bigger innovations to come.

‘There are responsible people in the department who are trying to figure out what is the best use of this tool. Let’s try lots of experiments in sort of sandboxes or in safe places so that when a conflict comes, we are ready and ahead, frankly, of any adversary who has started to play with the tools,’ she explained.

Probasco said the Department of War understands that adversaries such as China are also developing and experimenting with artificial intelligence. Indeed, this month, President Donald Trump announced he would be partially reversing a Biden-era restriction on high-end chip exports, permitting Nvidia to export its artificial-intelligence chips to China and other countries.

The H200 chips are high-performance processors made by Nvidia that help run artificial intelligence programs, like chatbots, machine learning and data-center tasks. 

Lawmakers on Capitol Hill voiced that they are split over the decision, with some seeing the move as a dangerous concession and others as strategic.

Either way, Probasco said ‘we have lots of evidence’ that China ‘is doing rapid experimentation [with AI] across all domains of warfare.’

‘And it’s not, can I use a chatbot, but rather, ‘Can I gather up lots of information to start to target individuals for espionage?’ For example, [and], ‘Can I use data to create more sophisticated cyber-attacks?’’ she explained.

‘There is this sort of dynamic of a race between the two sides trying to figure out how to adopt it,’ she explained.

Though important, Probasco said the GenAI tool is ‘not going to necessarily be the weapon system that gains [the U.S.] an advantage.’

She assured the AI tool that will truly give the U.S. a military advantage ‘is underway,’ but said ‘that’s not the sort of thing you just roll out for every service member to use.’

‘It’s important to remember that using a chatbot to help you think through certain problems or do talking points is not what’s going to win the war. There are much more sophisticated military systems that use generative AI; they use other kinds of what’s called ‘good old-fashioned AI.’ There are lots of other techniques that militaries need to use,’ she said.

‘Those are already in the works, and they’ve been in the works for years,’ Probasco explained, adding, ‘That’s not going to be rolled out in a big public announcement where everybody can play with it.’

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