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Syntheia Corp. (CSE: SYAI) (Syntheia.ai) (the ‘Company’), is pleased to announce that further to its press release dated May 29, 2025, it has closed its non-brokered private placement financing for gross proceeds of $411,000 through the issuance of 4,110,000 units (each, a ‘Unit’) at a price of $0.10 per Unit (the ‘Offering’).

Each Unit is comprised of one common share in the capital of the Company (each, a ‘Common Share‘) and one Common Share purchase warrant (each, a ‘Warrant‘). Each Warrant is exercisable to acquire one Common Share at a price of $0.13 until June 17, 2027 (the ‘Expiry Date‘), subject to an accelerated expiry in the event the volume weighted average trading price of the Common Shares exceeds $0.13 for 20 consecutive trading days, the Company may, within 10 business days of the occurrence of such event, deliver a notice to the holders of the Warrants accelerating their Expiry Date to a date that is not less than 30 days following the date of such notice and the issuance of a press release by the Company announcing the acceleration notice (the ‘Accelerated Exercise Period‘). Any unexercised Warrants shall automatically expire at the end of the Accelerated Exercise Period.

In connection with the Offering, the Company paid: (i) a cash commission of $14,880; and (ii) 148,800 finder’s warrants (each, a ‘Finder’s Warrant‘) to certain finders (the ‘Finders‘). Each Finder’s Warrant is exercisable to purchase one additional Unit (each, a ‘Finder’s Unit‘) at a price of $0.10 per Finder’s Unit. The Finder’s Unit have the same terms as the Units issued under the Offering.

Gross proceeds raised from the Offering will be used for working capital and general corporate purposes. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.

The Offering constituted a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘) as certain insiders of the Company subscribed for an aggregate of 1,500,000 Units pursuant to the Offering. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on a specified market and the fair market value of the participation in the Offering by insiders does not exceed 25% of the market capitalization of the Company in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the of the Offering, which the Company deems reasonable in the circumstances in order to complete the Offering in an expeditious manner.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Syntheia

Syntheia Corp. is an early-stage artificial intelligence technology company, channeling its efforts into refining and expanding its proprietary, conversational AI-based platform (the ‘Syntheia AI Platform‘). The Syntheia AI Platform represents the integration of natural language processing (‘NLP‘) technology, enabling it to not only understand but also respond to human language with accuracy. The Syntheia AI Platform, a generative, AI-powered algorithm equipped with a human-like voice, boasts self-learning capabilities derived from NLP methodologies.

Currently in beta testing, the Syntheia AI Platform is crafted to offer a suite of automated solutions, particularly for retail-focused businesses where customer interaction and service are key to operations. At the heart of the Syntheia AI Platform is its use of AI to emulate human cognitive processes, combined with a sophisticated large language model, which is integral for interpreting and generating human-like language responses.

For further information, please contact:

Tony Di Benedetto
Chief Executive Officer
Tel: (416) 791-9399

Cautionary Statement

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

This news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘may’, ‘will’, ‘would’, ‘potential’, ‘proposed’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

The securities of the Company have not been and will not be 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 requirement. 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 any jurisdiction in which such offer, solicitation or sale would be unlawful.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/255819

News Provided by Newsfile via QuoteMedia

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After being overshadowed by gold early in the year, silver has been in the spotlight in recent weeks.

The white metal broke through the US$37 per ounce mark on Tuesday (June 17) for the first time since May 2011.

Recent economic and geopolitical events have raised analysts’ expectations of a September rate cut from the US Federal Reserve, helping to fuel safe-haven buying of silver and gold.

The central bank has held its benchmark rate at 4.25 to 4.5 percent since November 2024.

Silver price, June 10 to June 17, 2025.

Silver price, June 10 to June 17, 2025.

CME Group’s (NASDAQ:CME) FedWatch tool shows more than half of market respondents predict a 0.25 percent cut at the Fed’s September meeting, while just 8 percent are expecting the Fed to make a deeper 0.5 percent cut.

The central bank is widely expected to leave rates unchanged at its June and July meetings.

Silver’s price surge also comes amid escalating tensions between Israel and Iran. The two countries have come closer to war in recent days, with Israel striking nuclear and military targets deep in Iran.

On Monday (June 16), US President Trump took to Truth Social to urge a complete evacuation of Tehran ahead of planned strikes on targets in the city. He also urged Iran to abandon its nuclear ambitions.

On the economic front, the US Bureau of Labor Statistics released its May consumer price index figures on June 11. The data shows inflationary growth, with the all-items index ticking up to 2.4 percent from 2.3 percent in June.

Growth was tempered mainly by falling prices at the pumps. Additionally, retail prices have yet to feel the full impact of US tariffs as retailers continue to work through stockpiles acquired earlier in the year.

Elsewhere, gold and equity markets weren’t faring as well on Tuesday.

Gold was flat, trading at US$3,385 per ounce. It has surged more than 25 percent this year, setting a slew of new price records, and has continued to trade in elevated territory, fueled by the same conditions as silver’s recent run. However, silver benefits from a lower entry point for investors looking for more affordable safe-haven investments.

The S&P 500 (INDEXSP: INX) was down on Tuesday, recording a 0.78 percent decline to 5,986. The Nasdaq-100 (INDEXNASDAQ: NDX) was also down, falling 0.89 percent to 21,744, and the Dow Jones Industrial Average (INDEXDJX: .DJI) slipped 0.68 percent to 42,222.

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

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Allegations that the Chinese Communist Party manufactured fake driver’s licenses and shipped them to the U.S. in a scheme to influence the 2020 presidential election in favor of Joe Biden are being investigated by the Senate Judiciary Committee after the FBI revealed its own probe into the potential bombshell Monday night.

FBI Director Kash Patel located and declassified the document at the request of Senate Judiciary Committee Chairman Chuck Grassley in late May and transmitted it to the committee Monday evening.

Grassley, R-Iowa, is demanding further information about the document, which alleges the plot sought to deliver fake driver’s licenses to Chinese sympathizers in the U.S. who would cast a vote for candidate Biden. The document does not say whether any ballots were cast as part of the scheme.

‘Chairman Grassley is in receipt of an FBI document (response) to a request he made based on legally protected whistleblower disclosures,’ a Grassley spokesperson told Fox News Digital. ‘The document alleges serious national security concerns that need to be fully investigated by the FBI.’ 

Fox News Digital has reviewed the declassified document, which includes a ‘warning’ section, stating it ‘is an information report, not finally evaluated intelligence.’

‘It is being shared for informational purposes but has not been fully evaluated, integrated with other information, interpreted or analyzed,’ the document states.

‘Receiving agencies are requested not to take action based on this raw reporting without prior coordination with the FBI,’ the document states. ‘Unless a conviction in a criminal proceeding occurs, a presumption of innocence exists for any person being reported in this IIR.’ 

The subject states, ‘[REDACTED] Chinese Government Production and Export of Fraudulent US Drivers Licenses to Chinese Sympathizers in the United States, in Order to Create Tens of Thousands of Fraudulent Mail-In Votes for US Presidential Candidate Joe Biden, in late August 2020.’ 

The ‘source’ of the document is ‘a collaborative source with indirect access, none of whose reporting has been corroborated for less than one year.’ 

The ‘context’ states that ‘the source obtained the information from an identified sub-source, who claimed they obtained the information from unidentified PRC government officials.’ 

The document states that ‘in late August 2020, the Chinese government had produced a large amount of fraudulent United States drivers licenses that were secretly exported to the United States.

‘The fraudulent drivers licenses would allow tens of thousands of Chinese students and immigrants sympathetic to the Chinese Communist Party to vote for US Presidential Candidate USPER Joe ((Biden)), despite not being eligible to vote in the United States.

‘China had collected private US user data from millions of TikTok accounts, to include name, ID and address, which would allow the Chinese government to use real US persons’ information to create the fraudulent drivers license,’ the document states. 

‘The fraudulent drivers licenses were to include true ID number and true address of US citizens, making them difficult to detect,’ the document adds. ‘China planned to use the fraudulent drivers licenses to account for tens of thousands of mail-in votes.’ 

FBI notations on the document, however, show the bureau had some questions. 

In one spot, the agency wrote that ‘a persons address information was not a valid field when creating a TikTok account. It was unspecified how China would attain US address data from the application.’ 

Another FBI comment on the document states, ‘[REDACTED] Source is available for re-contact.’ 

The next page of the document states, ‘SUBSTANTIVE RECALL’ of the information, which took place Sept. 25, 2020 — just a day after then-FBI Director Christopher Wray testified before Congress that the FBI had not seen any coordinated voter fraud ahead of the 2020 election. 

The ‘context’ section of the document states, ‘[REDACTED] The source obtained the information from an identified sub-source, who claimed they obtained the information from unidentified PRC government officials.’ 

The ‘warning’ section of the document repeats the first warning that the allegations are part of ‘an information report, not finally evaluated intelligence.’ 

The document stated the ‘report was recalled in order to re-interview the source.’ It also states that ‘recipients should destroy all copies of the original report and remove the original report from all computer holdings.’ 

‘Recipients should also ensure that any citation of the information in finished intelligence products draws on the SUBSTANTIVE RECALL of this report rather than the previous version.’ 

More information is being requested from the FBI as part of the Senate’s investigation.

‘Grassley is requesting additional documentation from the FBI to verify the production and is urging the FBI to do its due diligence to investigate why the document was recalled, who recalled it and inform the American people of its findings,’ a Grassley spokesperson told Fox News Digital. 

The remainder of the document is heavily redacted. 

‘Thanks to the oversight work and partnership of Chairman Grassley, the FBI continues to provide unprecedented transparency at the people’s Bureau,’ Patel said upon declassifying the document and transmitting it to Grassley. ‘To that end, we have located documents Chairman Grassley requested, which detail alarming allegations related to the 2020 U.S. election. 

‘Specifically, these include allegations of plans from the CCP to manufacture fake driver’s licenses and ship them into the United States for the purpose of facilitating fraudulent mail-in ballots — allegations which, while substantiated, were abruptly recalled and never disclosed to the public.’ 

Patel added, ‘In accordance with Chairman Grassley’s request for documents, I have immediately declassified the material and turned the documents over to the Chairman for further review.’

But Grassley is seeking more information specifically related to the FBI’s decision under the leadership of former Director Wray to recall the document to ‘re-interview the source,’ and ‘destroy all copies of the original report and remove the original report from all computing holdings.’ 

Grassley is demanding Patel turn over all records relating to the follow-up interview, including all communications between and among agents and intelligence analysts. 

‘In addition, please describe all investigative steps the FBI has taken, or will take, to determine the veracity of the allegations in the IIR as well as who recalled the IIR and the basis for the recall, if that basis extends beyond the request for the source to be re-interviewed,’ Grassley wrote in a letter Tuesday to Patel. 

‘Lastly, explain why the FBI under your predecessor required the original IIR to be destroyed, whether this practice is consistent with the FBI’s past and current practice, and how it comports with federal record preservation requirements.’ 

The FBI reporting document came just a month after U.S. Customs and Border Protection officers at the International Mail Facility at Chicago O’Hare International Airport seized nearly 20,000 fraudulent driver’s licenses. 

From January 2020 through June 30, 2020, CBP officers at that location reported seizing 1,513 shipments of fraudulent documents that included a total of 19,888 counterfeit US driver’s licenses. 

‘The majority of these shipments were arriving from China and Hong Kong,’ CBP posted in a July press release.

It was not immediately clear if the seizure had any relation to the document’s allegations.

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U.S. Secretary of Homeland Security Kristi Noem was taken to the hospital on Tuesday after suffering an allergic reaction, according to a DHS spokesperson.

She was transported to the hospital out of an abundance of caution, DHS Assistant Secretary Tricia McLaughlin told Fox News Digital.

It is unclear what triggered the event.

Noem is said to be alert and recovering.

Bruce LeVell, former Executive Director of President Donald Trump’s National Diversity Coalition, took to social media to send Noem well wishes.

‘My dear friend @Sec_Noem, our fearless Secretary of Homeland Security, was just rushed to the hospital,’ LeVell wrote on X. ‘My heart is with her during this challenging time, but I know her strength and determination will shine through. Please join me in keeping Kristi in your prayers for a swift and full recovery. 

‘She has been tirelessly spearheading @realDonaldTrump initiative to uphold law and order and utilize ICE to keep our country safe from criminals. Let’s stand strong for her, just as she’s stood strong for America.’

Charlie Kirk, Founder and CEO of Turning Point USA asked his followers to ‘Pray for Kristi.’

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A key House Republican says Congress should consider sending emergency U.S. aid to Israel amid its worsening conflict with Iran.

‘Yeah, absolutely,’ Rep. Mario Diaz-Balart, R-Fla., said when asked about a supplemental funding package in the event the crisis became a prolonged conflict. 

‘There’s very, very, very strong bipartisan support, in particular Republican support, for Israel, and I think again, what we are seeing is Israel doing what they need to do to protect themselves from literally being wiped off the face of the planet.’

He also commended President Donald Trump as having handled the volatile situation ‘brilliantly so far.’

The Florida Republican chairs the House Appropriations Committee panel responsible for overseeing foreign aid and State Department funding.

The National Security, Department of State, and Related Programssubcommittee was key to Congress crafting emergency foreign aid packages to Israel, Taiwan, and Ukraine last year — all of which passed Congress with varying degrees of bipartisan support.

Diaz-Balart said he had not spoken with House leaders about the issue, noting most lawmakers were away in their home districts tending to their constituencies this week.

He added, ‘I’ve actually had informal conversations with members.’

He declined to say how those members felt about supplemental Israel funding, however, telling Fox News Digital, ‘I can’t speak for others, but I will tell you that there is a very strong appetite from me to make sure that Israel has all the help that it needs in order to finish the job that it’s doing.’

Meanwhile, he and his fellow subcommittee members have also been crafting their appropriations bill for the next fiscal year coming on Oct. 1.

‘We’re going to do what we’ve been consistently doing, is just, we’re going to be helping Israel. And if there is a need to do more, obviously you’re going to see strong support, whether it’s in the appropriation… bills, or if we need a supplemental, I think you would see strong bipartisan support,’ he said.

Last year, the House authorized just over $26 billion in emergency U.S. funding for Israel, humanitarian aid in the region, and shore up American military operations. The bill passed in an overwhelmingly bipartisan 366 to 58 vote — an increasingly rare occurrence for major legislation in the current political climate.

Twenty-one House Republicans and 37 Democrats voted against the measure at the time.

But since then, Democrats have continued to grow increasingly critical of Israel’s war in Gaza and Prime Minister Benjamin Netanyahu’s conservative government.

At the same time, there’s been a growing skepticism of foreign aid among the House GOP — particularly with the national debt climbing toward $37 trillion.

Diaz-Balart, however, was still optimistic that a hypothetical aid package could pass if brought up in Congress, when asked about both of those factors.

Israeli officials said Iran was dangerously close to having a nuclear weapon when its military launched an attack on Tehran that killed the Islamic regime’s top military figures and hit nuclear sites in and around the capital.

Since then, both sides have exchanged rocket fire, with fatalities reported on both sides.

Fox News Digital reached out to Speaker Mike Johnson, R-La., and House Appropriations Committee Chairman Tom Cole, R-Okla., for comment on the possibility of supplemental funding to Israel.

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Investor Insight

With a strategic foothold in British Columbia’s most prospective mining belts, Finlay Minerals is an emerging copper-gold-silver exploration company with a compelling investment story, backed by a 30-year technical legacy and disciplined approach to discovery.

Overview

Finlay Minerals (TSXV:FYL,OTCQB:FYMNF) is a Vancouver-based mineral exploration company focused on advancing copper, gold and silver projects in British Columbia’s premier mining districts, particularly within the richly mineralized and productive Stikine Terrane. The company’s strategic objective is to discover and develop high-quality porphyry and epithermal deposits through a combination of geological expertise, partner-funded programs, and disciplined capital deployment.

Founders John J. Barakso and Robert Brown at the PIL Property

Finlay’s value proposition is anchored in its 2025 agreements with Freeport-McMoRan – one of the world’s largest copper producers – which is actively funding the advancement of the PIL and ATTY projects in the Toodoggone District. These earn-in agreements provide a non-dilutive path to unlock value from Finlay’s flagship assets, while enabling the company to focus internal resources on regional-scale exploration at its SAY, JJB and Silver Hope properties.

The company benefits from a seasoned technical team with regional expertise and a deep understanding of the geologic architecture of British Columbia. New exploration initiatives, such as those along the Bear Lake Corridor, position Finlay for new discovery potential across multiple fronts. With metal prices trending higher and a favorable operating environment in Canada, Finlay Minerals offers exposure to copper and gold discoveries in one of the safest and most geologically endowed jurisdictions globally.

Company Highlights

  • Strategic Alliance with Freeport-McMoRan: Freeport has committed up to $35 million in exploration spending and $4.1 million in cash payments for an 80 percent interest in Finlay’s PIL and ATTY projects, validating their district-scale potential.
  • Dominant Land Position in the Toodoggone District: PIL and ATTY provide direct exposure to one of BC’s most active copper-gold corridors, adjacent to Centerra’s Kemess complex and Amarc-Freeport’s AuRORA discovery.
  • Unlocking the Bear Lake Corridor: The SAY and JJB properties offer large-scale exploration potential in an underexplored region analogous to major discoveries like American Eagle’s NAK and Amarc’s DUKE.
  • Disciplined Exploration Focus: More than 70 percent of all capital raised has gone directly into the ground, demonstrating Finlay’s capital-efficient approach and scientific rigor.
  • Proven Leadership Legacy: Founded by renowned geochemist John J. Barakso and led by a technically adept team with deep experience in BC exploration.

Key Projects

PIL

Porphyry Corridor passing through Finlay Minerals

The 100 percent owned PIL property spans 13,374 hectares in the prolific Toodoggone mining district in British Columbia and was staked over 30 years ago by Finlay’s founders. It hosts multiple copper-gold-molybdenum porphyry and gold-silver epithermal targets within the 70 km regional porphyry corridor trend, situated near major deposits including Centerra Gold’s Kemess complex and the Amarc-Freeport AuRORA discovery. Notable targets on the property include PIL South (2.5 x 2.0 km soil geochemical anomaly with supported IP anomaly), Copper Ridge (soil anomaly 1.9 x 1.3 km) and Spruce (rock samples up to 18.4 percent copper). Historical drilling includes 72 holes totaling over 17,000 metres, with new targets emerging from recent geophysical and geochemical work. Past drilling includes intersections like 162.0 m of 0.1 percent copper, 0.05 grams per ton gold and 7.1 g/t silver at PIL South, highlighting the potential for bulk tonnage copper-gold systems.

Finlay has announced an earn-in agreement with Freeport-McMoRan, which may invest up to $25 million in exploration expenditures to earn 80 percent interest over six years, signaling high confidence in the PIL project’s tier-1 potential. A broad and systematic exploration plan is in place for the 2025 season, involving surface sampling with updated analysis techniques, mapping and detailed geophysical surveys.

ATTY

Finaly Minerals

Covering 3,875 hectares, the 100 percent owned ATTY property, also in the Toodoggone District, lies directly north of the Kemess East and Underground deposits. It shares similar stratigraphy and alteration patterns and is interpreted to host an extension of the Kemess North trend. The property hosts eight epithermal and porphyry targets, including two main targets, the KEM and Wrich targets, which have been delineated through IP surveys and/or geochemistry, pointing toward porphyry centers. Thirteen holes totaling 3,971 meters have been drilled to date, but the main IP chargeability zone remains untested at depth. With similarities to the upper Kemess East deposit and structural alignment with the adjacent Joy project (Amarc/Freeport), ATTY is considered a high-priority drill target and is fully permitted for 2025. Finlay has announced an earn-in agreement with Freeport-McMoRan, which may invest up to $10 million in exploration expenditures to earn 80 percent interest over six years, signaling high confidence in the ATTY project’s tier-1 potential.

SAY

The SAY property is a 100 percent owned, early-stage exploration project covering 26,202 hectares within the underexplored Bear Lake Corridor of the Stikine Terrane. Located 140 km north of Smithers, BC, it is accessible by helicopter with logging roads nearby. The project hosts structurally controlled high-grade copper and silver mineralization at the SPUR Target, which includes the AG Zone, East Breccia and Western Shear. Recent surface sampling returned exceptional grades such as 14.5 percent copper and 850 g/t silver from East Breccia, and 11.2 percent copper and 819 g/t silver from the AG Zone. Copper and silver exposures at the AG Zone have been observed over a 200 by 200 metre area. The mineralization occurs along a 4.3 km ridgeline with strong magnetic signatures, spatially related to local faults, intrusive dykes and breccias. The SHEL target, associated with molybdenum, adds porphyry-style upside. A property-wide mag survey and extensive surface sampling program is planned in 2025 to systematically evaluate the copper potential of the SAY property.

JJB

The fully owned JJB property spans 15,453 hectares and lies 4 km north of SAY within the same Bear Lake Corridor. Named after founder John J. Barakso, this grassroots property is in the early stages of exploration but offers significant blue-sky potential. The property shares the same tectonic setting as NAK and DUKE and will benefit from the technical momentum established at SAY. Logging roads and an airstrip are within 10 km of the JJB claims, providing nearby staging areas for this heli-access project. Systematic geological mapping and sampling, alongside airborne mag surveys, are planned to generate drill targets in the near term.

Silver Hope

The Silver Hope property covers 21,322 hectares surrounding the historic Equity Silver mine in the Skeena Arch. This 100 percent owned asset hosts the Main Trend, a >2 km copper-silver-gold mineralized system extending from the Newmont owned, past-producing, Equity Silver mine. Historical drilling (over 41,000 m) has intersected broad mineralized zones, including 282 m @ 0.23 percent copper, 6.4 g/t silver and 0.01 g/t gold. Other notable intercepts include 133 m @ 0.30 percent copper and 7.6 g/t silver. The West Cu-Mo Porphyry target adds a large-scale copper-molybdenum opportunity to the mix, and the project is fully permitted for drilling.

Management Team

Ilona B. Lindsay – President, CEO and Director

Ilona Lindsay has over 15 years of experience with Finlay and is the daughter of company co-founder John J. Barakso. She has overseen corporate operations, financings and tenure management. Under her leadership, the company has transitioned toward institutional-grade exploration partnerships while maintaining fiscal discipline. She is also a director of the Barakso family companies.

Robert F. Brown – Executive Chairman

A retired professional engineer with over 40 years of experience in porphyry and epithermal systems, Robert Brown co-founded Finlay and played a critical role in identifying and acquiring its land packages. He previously served as VP exploration for Great Panther Mining and worked with LAC Minerals. His technical vision continues to shape the company’s exploration direction.

Wade Barnes – VP Exploration

Wade Barnes is a P.Geo. and Qualified Person (QP) with over 20 years of geological experience in BC. He was co-recipient of the AMEBC H.H. “Spud” Huestis Award for the discovery of Kemess East deposit in the Toodoggone. At Finlay, he leads technical execution and target development across the portfolio.

Susan Flasha – VP Corporate Development

With over two decades of industry experience, including senior roles at Pretium Resources (Brucejack Mine) and Brixton Metals, Susan Flasha brings strong expertise in project evaluation and strategic growth.

Gord Steblin – Chief Financial Officer

A CPA with over 30 years in mining finance, Gord Steblin ensures sound financial governance and supports Finlay’s budgeting, reporting and fundraising activities. He serves as CFO for several other exploration-stage companies.

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An American citizen was among the 15 killed in Russian drone and missile strikes on the Ukrainian capital city, Kyiv, on Tuesday, State Department spokesperson Tammy Bruce confirmed in a press conference Wednesday.

In response to a reporter’s question on U.S. diplomats in Kyiv having to spend the night in a bunker, Bruce said ‘we can confirm the death of a U.S. citizen in Ukraine.’

‘We are aware of last night’s attack on Kyiv that resulted in numerous casualties, including the tragic death of a U.S. citizen,’ she said, noting, ‘We condemn those strikes and extend our deepest condolences to the victims and to the families of all those affected.’

Bruce did not offer any more details on the identity of the citizen killed by the Russian strikes, citing ‘respect to the family during this obviously horrible time.’

She noted that ‘the president in the recent past has made his thoughts clear about striking civilian areas in that regard’ and reiterated that ‘the thread throughout all of the work that we do is the department has no higher priority than the safety and security of U.S. citizens abroad.’

She added that the State Department ‘stand[s] ready to provide all possible consular assistance.’

The AP reported that 15 people were killed and 156 wounded in a Russian bombardment of Kyiv that lasted nearly nine hours. According to the outlet, Russia fired over 440 drones and 32 missiles, making it the deadliest attack on the Ukrainian capital this year.

Ukrainian President Volodymyr Zelenskyy posted on X that six other Ukrainian regions — Odesa, Zaporizhzhia, Chernihiv, Zhytomyr, Kirovohrad and Mykolai — were also hit during the attacks.

This comes as world leaders converge on Canada for the G7 Summit. President Donald Trump attended the first day of the summit but left early to deal with the growing Iran-Israel conflict.

Trump slammed former President Barack Obama and former Canadian Prime Minister Justin Trudeau for their 2014 ‘very big mistake’ when Russia was removed from the G8 summit, which Trump argued would have prevented further war from breaking out between Russia and Ukraine. 

‘The G7 used to be the G8. Barack Obama and a person named Trudeau didn’t want to have Russia in,’ Trump said Monday from Canada, where the G7 summit is being held, while joined by Canadian Prime Minister Mark Carney. 

‘I would say that that was a mistake because I think you wouldn’t have a war right now if you had Russia. And you wouldn’t have a war right now if Trump were president four years ago,’ Trump continued. ‘But it didn’t work out that way. But it used to be the G8.’ 

The White House is in ongoing discussions with Capitol Hill to amend a proposed sanctions bill targeting Russia, and prefers that route over sanctions led by the executive branch. 

Now, with Trump increasingly skeptical of Vladimir Putin’s intentions to end the war, the bill could soon come to the floor. According to three sources familiar with the matter, talks between lawmakers and the White House are active, though no firm timeline has been set.

Trump has pushed for peace talks between Ukraine and Russia, which have so far not yielded an end to the three-year conflict, and has begun to sour on Russian President Vladimir Putin’s reluctance to find a peaceful end to the ongoing conflict. He recently questioned ‘what the hell happened’ to the Russian leader.

Fox News Digital’s Alex Miller, Emma Colton and Morgan Phillips contributed to this report.

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Senate Republicans are steadily moving along in their quest to advance President Donald Trump’s ‘big, beautiful bill,’ but some remain dissatisfied with one of the most crucial portions of the package.

The Senate Finance Committee unveiled its portion of the budget reconciliation package Monday night that deals directly with making the president’s first-term tax cuts permanent and the more controversial proposed changes to Medicaid, niche tax issues and Biden-era green energy subsidies.

Senate Republicans met behind closed doors to get a crash course on the bill, and some left distraught over provisions they hoped they would see on the cutting room floor. Senate Majority Leader John Thune, R-S.D., can only afford to lose three votes in the upper chamber.

And due to the nature of budget reconciliation, which allows lawmakers to skirt the filibuster, he can’t count on Democrats, who would demand serious changes to the broader legislation, to help get the package across the line.

The changes to the Medicaid provider tax rate, which were a stark departure from the House GOP’s version of the bill, particularly ruffled feathers among Republicans who have warned not to make revisions to the healthcare program that could shut down rural hospitals and boot working Americans from their benefits.

‘I want changes,’ Sen. Lisa Murkowski, R-Alaska, said. ‘I’m still not satisfied with where we are on Medicaid.’

The Senate Finance Committee went further than the House’s freeze of the provider tax rate, or the amount that state Medicaid programs pay to healthcare providers on behalf of Medicaid beneficiaries, for non-Affordable Care Act expansion states, and included a provision that lowers the rate in expansion states annually until it hits 3.5 percent.

To date, 41 states and Washington, D.C., have opted into the Medicaid expansion program. The idea behind the changes to the provider rate taxes was to help pay for Trump’s mammoth bill in part and discourage the remaining states from opting into Medicaid expansion.

Sen. Josh Hawley, R-Mo., argued, for a state like his dotted with rural hospitals, that the bill ‘is not a good development’ for their survival. 

‘I mean, it’s really not,’ he said. ‘And in order to pay for increased subsidies for the Green New Deal? I mean, it just baffles me.’

The Senate’s version of the tax package does add more flexibility to green energy tax credits than the House’s, an issue pushed for by a handful of Senate Republicans who wanted to see the truncated phase-out of the credits in the House bill slowed down.

Senate Republicans met with Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz Tuesday afternoon to discuss the Medicaid tweaks in the bill. Oz said the White House did ‘not believe’ changing the provider tax would influence the ability of hospitals to stay viable. 

‘In fact, the provider tax and the state-directed payments are often used to pay institutions that have the best connections to the government of the state, not necessarily the hospitals that need the help the most,’ he said. ‘It is important that we clean up this system.’

Sen. John Hoeven, R-N.D., sought to extinguish anger among his colleagues, noting that Senate Finance Committee Chair Mike Crapo, R-Idaho, and Senate leaders were still working on what the final product would look like.

‘Everybody’s got an opinion, and I think it’s gonna be that way right up until we vote,’ he said.

Fiscal hawks were not pleased with the bill, either.

Sen. Ron Johnson, R-Wis., has stumped for a return to pre-COVID-19 pandemic era spending, a gouge to federal spending that would be trillions of dollars more than the rough goal of $2 trillion in spending cuts that some Senate Republicans are eying.

He believed there was ‘no way’ that the current parts of the broader reconciliation package could be fixed and stitched together by the Senate GOP’s self-imposed July 4 deadline.

‘The problem is it just simply doesn’t meet the moment,’ he said.

But Crapo cautioned he and lawmakers were still working out the kinks and that a resolution to his colleagues’ issues could still be found.

‘All I can say is that we will work it out,’ Crapo said. ‘We have to work that out, not only among our colleagues in the Senate, but with the House and with the White House.’

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The outcome of the defining conflict between Iran and Israel may depend on one simple number, which is at very best a rough estimate.

Israeli military data and expert analysis say Iran has fired about 700 of its medium-range ballistic missiles (MRBM) at Israel over the past 14 months, leaving it with anything between 300 to 1,300 left in its stockpile.

This remaining arsenal is subject to Israel’s fierce air assault of the past five days, with the IDF saying it has targeted at least a third of the surface-to-surface launchers that fire MRBMs, possibly further reducing Iran’s ability to strike back at Israel.

The depletion of its arsenal may compound Iran’s desire to negotiate its way out of the conflict and also intensify the ferocity of the Israeli campaign in the coming days, analysts have said, as Israeli airpower finds itself almost unchallenged and Iran’s nightly assaults on Israeli cities seem recently to have ebbed.

Few reliable estimates for Iran’s stockpile exist, although US CENTCOM’s commander General Kenneth McKenzie said in 2023 that they had more than 3,000 missiles of different ranges. Behnam Ben Taleblu, a senior fellow at the Foundation for the Defense of Democracies, said likely 1,000 to 2,000 of these were medium-range, capable of spanning the 1,400 kilometers between Iran and Israel. He called the estimate “at best a back-of-the-envelope calculation.”

According to the IDF, Iran used 120 MRBMs in its April 13 attack last year on Israel, another 200 on October 1, and a total of 380 in the past five days. This tally would deplete its overall known arsenal by a total of 700. But whether it leaves Tehran with an existential crisis over its missile deterrence depends on both the size of its initial stockpile, and what damage Israel has done to Iran’s military infrastructure, since it began striking across the country on Friday.

Ben Taleblu suggested this might leave Iran with 1,300 MRBMs. Other estimates were more pessimistic. Dr. Eyal Pinko, a retired Israeli naval intelligence officer, now a senior research fellow at the Begin-Sadat Center for Strategic Studies, said: “Taking into consideration that they fired around 400 to 500 in the last four days and Israel destroyed some of the arsenal of what they had, I believe they have now 800 to 700.”

The few glimpses of the damage done to Iran’s air defenses and missile production from Israeli strikes on October 26 have revealed a significant toll. Admiral Tony Radakin, the UK’s Chief of the Defence Staff, said in a December speech that 100 Israeli aircraft had fired as many missiles from as many miles away and “took down nearly the entirety of Iran’s air defense system. It has destroyed Iran’s ability to produce ballistic missiles for a year.”

But recently Israel has amplified the threat that Iran’s missile production poses. Prime Minister Benjamin Netanyahu said on Friday, as Israel launched its air campaign, that Iran had sped up its manufacture of ballistic missiles to 300 a month, which could leave them with 20,000 in six years. He did not provide evidence for the claim.

Pinko said the 2024 strikes had “destroyed the main facilities for manufacturing ballistic missiles motors” in Iran, creating severe limitations to the country’s supply chain. Still, he notes that potential assistance from China in the coming months could boost production again.

Iran would not want its arsenal of MRBMs to sink “below four digits,” said Ben Taleblu.

“For the Islamic Republic, quantity has a quality of its own,” he said, adding that Iran excels “in crisis management but is actually a poor conventional warfighter. And having to expend these ballistic missiles during a time of war, rather than a time of crisis precisely puts it in this bind.”

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