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Lawmakers fought over Obamacare subsidies tooth and nail for the latter part of the year, and ultimately, neither side won.

Senate Democrats thrust the government into the longest shutdown in history in an effort to refocus the narrative in Congress on healthcare, and Republicans agreed to talk about it in the open. And both Republicans and Democrats got a shot to advance their own, partisan plans. Both failed.

Now, the subsidies are set to expire on Wednesday, sending price hikes across the desks of tens of millions of Americans that relied on the credits. 

When lawmakers return on the first week of January, healthcare will be front of mind for many in the Senate. But any push to either revive, or completely replace, the subsidies may, for a time, take a backseat to the government funding fight brewing ahead of the Jan. 30 deadline.

When asked if he was disappointed that lawmakers were unable to, at least in the short term, solve the subsidies issue, Sen. Josh Hawley, R-Mo., was more concerned about people that would experience higher costs. 

‘I think who it’s most disappointing for are the people whose premiums are going to go up by two, three times,’ Hawley said. ‘So, it’s not good.’

Price hikes on premium costs will be variable for the roughly 20 million Americans that rely on them, depending on age, income and other factors. Broadly, a person’s out-of-pocket cost is expected to double with the credit’s lapse, according to the Kaiser Family Foundation.

The nonpartisan healthcare think tank painted a broader picture of the disparate impact on premium cost increases in a report released late last month that, based on myriad factors, including where a person lives, their age range and where they sit above the poverty line, some could see price hikes as high as 361%.

While Senate Republicans’ and Democrats’ separate plans failed to advance — despite four Republicans crossing the aisle to support Senate Minority Leader Chuck Schumer’s, D-N.Y., plan — lawmakers are working together for a solution.

There are two plans with traction in the House. The GOP’s plan advanced on the floor earlier this month but doesn’t address the issue of the expiring tax credits. Then there is a bipartisan plan that calls for a three-year extension of the subsidies, similar to Senate Democrats’ plan, that is teed up for a vote.

The latter option, and its bipartisan momentum, has some Democrats hopeful that a three-year extension could get a shot in the upper chamber.

‘I’ll also say that the glimmer of hope is if we’re searching for a bipartisan deal that can pass the Congress, we don’t need to search any further than the three-year extension of the subsidies that’s going to pass the House of Representatives,’ Sen. Brian Schatz, D-Hawaii, told Fox News Digital. ‘We don’t need a negotiation any further. That bill can pass, if it can provide relief to the taxpayers, and it can pass, then that’s our vehicle.’

Senate Majority Leader John Thune, R-S.D., however, has maintained a deeply-rooted position against just a simple extension of the credits.

He argued that a straight-up extension for three years would be ‘a waste of $83 billion,’ and lacks any of the reforms that Republicans desire, like reinstalling an income cap, adding anti-fraud measures, and reaffirming language that would prevent taxpayer dollars from funding abortions.

‘I mean, I think if nothing else, depending on if the House sends something over here, there would be a new vehicle available,’ Thune said. ‘And if there is some bipartisan agreement on a plan, then you know, it’s possible that we could — obviously it’d have to be something that we think the House could pass, and the president would sign.’

‘But I’m not ruling anything out, I guess is what I’m saying,’ he continued. ‘But you know, a three-year extension of a failed program that’s rife with fraud, waste and abuse is not happening.’

Senate Democrats are open to negotiating on a bipartisan plan, something that is already ongoing after Sens. Susan Collins, R-Maine, and Bernie Moreno, R-Ohio, held a meeting with lawmakers before leaving Washington, D.C., earlier this month.

But Democrats are also making clear that they don’t want to budge on some of the Republicans’ demands.

‘Let’s put it this way, Republicans are asking to meet with me, and I’m telling them, I’ll listen, you know, I made it clear what I think is the only practical approach, and I’m certainly not going to go along with selling junk insurance,’ Sen. Ron Wyden, D-Ore., said.

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Sankamap Metals Inc. (CSE: SCU) (‘Sankamap’ or the ‘Company’) the Company and its auditor continue to work diligently toward the completion and filing of the Company’s annual audited financial statements and management’s discussion and analysis for the fiscal year ended June 30, 2025 (the ‘Required Filings’). The Company has applied to the Alberta Securities Commission for an extension of the Management Cease Trade Order (‘MCTO’), however, there can be no assurance that a further extension will be granted. The additional delay in completing the Required Filings is primarily due to the auditor awaiting the receipt of certain required information from government authorities in Solomon Islands, as well as timing constraints associated with the holiday period. The Company estimates that approximately 90% of the audit work has been completed.

The Required Filings were due to be filed by October 28, 2025. In connection with the anticipated delays in making the Required Filings, the Company made an application for a Management Cease Trade Order (‘MCTO‘) under National Policy 12-203 Management Cease Trade Orders (‘NP 12-203‘) to the Alberta Securities Commission, as principal regulator for the Company, and the MCTO was issued on October 29, 2025. The MCTO restricts all trading by the Company’s CEO and CFO in securities of the Company, whether direct or indirect. The MCTO does not affect the ability of persons who are not directors, officers or insiders of the Company to trade their securities. The MCTO will remain in effect until the Required Filings are filed or until it is revoked or varied.

The Company expects to proceed with the filing of its interim first-quarter financial statements shortly after the Required Filings have been completed and submitted.

The Company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing bi-weekly default status reports in the form of a news release until it meets the Required Filings requirement. The Company has not taken any steps towards any insolvency proceeding and the Company has no material information relating to its affairs that has not been generally disclosed.

For further information with respect to the MCTO, please refer to the Company’s news releases dated October 21, 2025, November 4, 2025, November 18, 2025, December 3, 2025 and December 17, 2025, available for viewing on the Company’s SEDAR+ profile at www.sedarplus.ca.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company’s fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newcrest’s Lihir Mine, with a resource of 71.9 million ounces of gold¹ (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).

Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap’s Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au2; underscoring the area’s significant potential.

At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au3. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au3, along with recent sampling by Sankamap at the Kiovakase Target, which returned numerous high-grade copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au3, further underscoring the property’s strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders. For more information, please refer to SEDAR+ (www.sedarplus.ca), under Sankamap’s profile.

1.Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)

2. Historical grab, soil and BLEG samples from SolGold Kuma Review June 2015, and SolGold plc Annual Report 2013/2012

3. September 2010-June 2012 press releases from Solomon Gold Ltd. and SolGold Fauro Island Summary Technical Info 2012

QP Disclosure

The technical content for the Oceania Project in this news release has been reviewed and approved by John Florek, M.Sc., P.Geol., a Qualified Person in accordance with CIM guidelines. Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member ID:1228) and a director and officer of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ ‘John Florek’
John Florek, M.Sc., P.Geol
Chief Executive Officer
Sankamap Metals Inc.

Contact:
John Florek, CEO
T: (807) 228-3531
E: johnf@sankamap.com

The Canadian Securities Exchange has not approved nor disapproved this press release.

Forward-Looking Statements

Certain statements made and information contained herein may constitute ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Sankamap and there is no assurance that the actual results will meet management’s expectations. Forward-looking statements and information may be identified by such terms as ‘anticipates,’ ‘believes,’ ‘targets,’ ‘estimates,’ ‘plans,’ ‘expects,’ ‘may,’ ‘will,’ ‘could’ or ‘would.’

This press release contains forward-looking statements, including, but not limited to, statements regarding management’s expectations about obtaining the MCTO and completing the Required Filings within the anticipated timeline. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements. Sankamap does not undertake any obligation to update forward-looking statements or information, except as required by applicable securities laws. For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279270

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Escalating claims by Russia that Ukraine tried to hit a residence used by President Vladimir Putin with drones have been dismissed by a top military drone expert, who called the alleged attack ‘hard to fathom’ and tactically implausible.

Cameron Chell’s comments came as Moscow doubled down on accusations Kyiv has flatly denied, with the drone industry leader arguing the alleged strike announced Monday runs counter to Ukraine’s drone tactics.

Chell, the CEO and co-founder of Draganfly, a drone manufacturer that supplies to the U.S. Department of Defense and allied militaries, including Ukraine, said Russia’s claims lack credibility.

‘What really makes things usually very signature about Ukraine is that they’re always incredibly clever about how they use drones,’ Chell told Fox News Digital.

‘They are clever from a cost perspective — let’s call it an efficiency perspective — but also very clever in their tactics,’ he added.

‘I find it hard to fathom that this drone attack even happened on Putin’s residence or that it was something that Ukraine orchestrated for a number of reasons,’ Chell said.

‘To get over the top of Putin’s residence, for one, the drones would not have been launched from a very long distance away,’ he added.

Chell’s comments came as Russia doubled down Tuesday on accusations that Ukraine attempted to strike a presidential palace in the Novgorod region using drones, allegedly to disrupt peace efforts.

Kyiv dismissed the allegation, with the timing also raising questions given the upbeat tone of a recent meeting between President Trump and Ukrainian President Volodymyr Zelenskyy in Florida.

Russian Foreign Minister Sergey Lavrov claimed late Monday that 91 drones were intercepted en route to Putin’s residence on the shores of Lake Valdai.

His statement appeared to contradict earlier Defense Ministry tallies, which said 89 drones were shot down over eight regions, including 18 over Novgorod, later adding another 23.

Only after Lavrov spoke did the ministry allege that 49 drones intercepted over Bryansk, nearly 300 miles away, were also targeting Valdai.

Asked about wreckage, Kremlin spokesman Dmitry Peskov said it was ‘a matter for our military,’ while calling Zelenskyy’s denial and Western skepticism ‘completely insane.’

Peskov said Russia’s diplomatic stance would be toughened, and Duma Speaker Vyacheslav Volodin vowed there could be ‘no forgiveness’ for Zelenskyy.

Chell said the story simply does not add up. ‘To attack Putin’s residence, you need long-range, very fast-moving drones,’ he said.

He added that for drones that small to reach such a site, they would have had to be launched from a much closer location, likely inside Russia itself.

‘They would have to be within about 10 kilometers [6.2 miles] — or maybe, at most, 30 kilometers — of Putin’s residence,’ Chell said.

‘That facility where Putin lives would also be incredibly secure, and so to have a number of lower-cost, slower-moving drones coming in on that facility would be very un-Ukrainian,’ Chell said.

‘Ukraine also doesn’t announce when they’re going to show up,’ he added.

Chell also noted that night operations would rule out GPS- or AI-based navigation due to jamming and visibility limits, making the launch of dozens of drones even less plausible.

‘Apparently the thing was at night, so that’s very difficult for machine vision or AI mapping software,’ he said. ‘So, you know, it definitely wasn’t using GPS, because it would have been jammed. There are just a bunch of things that don’t add up.’

Politically, Chell argued, Ukraine has nothing to gain. ‘They’re bold, but right in the middle of peace talks — when they need Trump on side — it makes no sense,’ he said. ‘Ukraine is just politically too smart to have done that.’

Zelenskyy on Monday also called the claim a complete fabrication, accusing Moscow of laying the groundwork for further attacks. 

Lavrov warned of retaliation but said Russia would continue talks with Washington.

Trump also said he learned of the alleged attack directly from Putin and was ‘very angry about it.’ Asked whether there was evidence, Trump replied, ‘We’ll find out.’

Fox News Digital has reached out to the Kremlin for comment.

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LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’ or ‘Issuer’) is pleased to announce that, further to its news releases dated December 15, 2025, and December 16, 2025, the Company has completed its previously announced non-brokered private placement of units of the Company (the ‘LIFE Units’) at a price of $0.50 per Unit under the Listed Issuer Financing Exemption (as defined herein) for an upsized amount and gross proceeds of $4,695,000 (the ‘LIFE Offering’). The Company also announces that it has closed its previously announced Flow-Through Offering (the ‘FT Units’) at a price of $0.60 per flow-through unit for an oversubscribed amount and gross proceeds of $2,205,421.

With both these financings closed, upsized due to demand and oversubscribed, LaFleur is now funded for the restart of its Beacon Gold Mill, intending to source mineralized material from its nearby Swanson Gold Project, and starting with an estimated 10,000-20,000 metric tons (mt) of mineralized stockpiles remaining on the site of its wholly-owned Beacon Gold Mill.

FMI Securities Inc. acted as a special advisor and selling group member on the closed LIFE and FT Offerings, along with participation from other key investment banks and advisory firms such as Red Cloud Securities Inc., Ventum Financial Corp., Canaccord Genuity Group Inc., Research Capital Corp., Raymond James Ltd. and Stonegate Securities Ltd.

Beacon Gold Mill: A Strategic, High-Value Infrastructure Asset

The Company is uniquely positioned as one of the few junior gold companies in Canada that owns a fully permitted, existing gold mill, providing a clear pathway to cash flow without the long timelines, dilution, and capital intensity typically associated with mill construction. The completion of these financings materially de-risks LaFleur’s business model, enabling the Company to advance directly into gold production at its Beacon Gold Mill while simultaneously unlocking value from its nearby Swanson Gold Project. This vertically integrated strategy allows LaFleur to control the full value chain, from mineralized material to doré, creating the potential for early revenue generation, margin capture, and shareholder value accretion.

LaFleur’s wholly-owned Beacon Gold Mill represents a rare and highly strategic asset within the Abitibi Gold Belt. The 750 tpd mill is fully constructed, in good condition, permitted, historically proven, and ready for restart of operations, significantly reducing execution risk and capital requirements compared to greenfield development scenarios. With funding now secured, the Company intends to restart mill operations and advance toward gold production, with impending Preliminary Economic Assessment (‘PEA’) results expected mid-January, positioning LaFleur as the newest producer in one of the world’s most prolific gold districts. Led by Environmental Resources Management (ERM), a global mining, sustainability, and environmental consulting firm with extensive technical mining expertise, the PEA is conducted for the purpose of evaluating the restart of gold production at LaFleur’s wholly-owned and recently refurbished Beacon Gold Mill using mineralized material from its nearby Swanson Gold Deposit, both located in the recognized mining camp of Val-d’Or, Québec. Ownership of the Beacon Gold Mill provides LaFleur with operational flexibility and optionality, including the ability to process mineralized material from its own project and potentially third-party feed from regional deposits, creating additional revenue opportunities beyond its core assets.

Swanson Gold Project: High-Grade Feed Potential Close to the Mill

The Swanson Gold Project, located in close proximity to the Beacon Gold Mill, is a cornerstone of LaFleur’s production strategy. The project hosts various showings of high-grade gold mineralization within the Abitibi Greenstone Belt, positioned in an area renowned for producing over 200 million ounces of gold historically. The Company plans to advance Swanson as a primary source of mill feed, leveraging short haul distances to reduce operating costs and enhance project economics. With funding in place, LaFleur can aggressively advance exploration and development activities at Swanson, targeting the definition of near-surface, high-grade zones that could be rapidly transitioned into production. This approach supports a low-capex, staged production model designed to generate cash flow while continuing to grow the resource base.

Beacon-Swanson Synergy: A Clear Path to Value Creation

The combination of a wholly-owned, restart-ready gold mill and a nearby, district-scale gold project with high-grade potential, positions LaFleur Minerals as a differentiated junior gold company with a clear and executable growth strategy. Being funded enables the Company to move decisively toward production, reduce financing risk, and focus on operational execution. Management believes this milestone places LaFleur in a strong position to deliver near-term production, establish cash flow, and build a scalable gold platform in Québec, creating long-term value for shareholders as the Company advances toward becoming a sustainable gold producer.

Financing Details

Each Unit of the LIFE Offering consists of one common share in the capital of the Company (a ‘LIFE Share‘) and one transferrable common share purchase warrant (a ‘LIFE Warrant‘). Each Warrant entitled the holder to purchase one additional common share at a price of $0.75 for a period of 36 months from the date of issuance. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106‘), the LIFE Offering was made to purchasers’ resident in all provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the ‘Listed Issuer Financing Exemption‘). The securities offered under the Listed Issuer Financing Exemption are not subject to a hold period in accordance with applicable Canadian securities laws.

Each Unit of the Flow-Through Offering consists of one common share in the capital of the Company, to be issued as a ‘flow-through share’ within the meaning of the Income Tax Act (Canada) and the Taxation Act (Québec) (each, a ‘FT Share‘), and one transferrable common share purchase warrant (a ‘FT Warrant‘). Each Warrant entitled the holder to purchase one additional common share at a price of $0.75 for a period of 24 months from the date of issuance. The Warrants are subject to an accelerated expiry upon thirty (30) business days’ notice from the Company in the event the closing price of the Company’s common shares on the Canadian Securities Exchange (the ‘CSE‘) is equal to or above a price of $0.90 for fourteen (14) consecutive trading days any time after closing of the Offering.

In connection with the LIFE and FT Offerings, the Company paid an aggregate cash finder fee of $480,229.43 and issued an aggregate of 909,466 non-transferable finders’ warrants (each, a ‘Finder’s Warrant‘). Each Finder’s Warrant entitles the holder to acquire one common share in the capital of the Company at a price of $0.75 each for a period of 24 months from the date of issuance, all in accordance with the policies of the CSE.

The gross proceeds from the LIFE Offering will be used for the advancement of exploration initiatives at the Company’s Swanson Gold Project and for operational purposes for the restart of gold production operations at the Company’s wholly-owned Beacon Gold Mill, in addition to working capital and general corporate expenses.

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

About LaFleur Minerals Inc.

LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Deposit and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares (183 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Mineral’s fully refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.

ON BEHALF OF LaFleur Minerals INC.

Paul Ténière, M.Sc., P.Geo.
Chief Executive Officer
E: info@lafleurminerals.com
LaFleur Minerals Inc.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding ‘Forward-Looking’ Information

This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this new release, other than statements of historical facts, that address events or developments that the Company 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. Forward-looking statements in this news release include, without limitation, statements related to the anticipated use of proceeds from the LIFE Offering. 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, 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 applicable 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.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Stallion Uranium Corp. (the ‘Company’ or ‘Stallion’) (TSX-V: STUD; OTCQB: STLNF; FSE: B76) is pleased to announce that, further to its news releases dated December 12, 2025 and December 17, 2025, it has increased its non-brokered private placement to raise gross proceeds of $7,723,064 (the ‘Offering’). The Company also announces that it has closed the Offering, issuing 17,162,365 flow-through shares of the Company as a ‘flow-through share’ within the meaning of the Income Tax Act (Canada) (each, a ‘FT Share’) at a price of $0.45 per FT Share.

The gross proceeds from the FT Shares will be used by the Company to incur eligible ‘Canadian exploration expenses’ that qualify as ‘flow-through critical mineral mining expenditures’ as such terms are defined in the Income Tax Act (Canada) (the ‘Qualifying Expenditures‘) related to the Company’s uranium projects in the Athabasca Basin, Saskatchewan, on or before December 31, 2026. All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Shares effective December 31, 2025.

The FT Shares issued pursuant to the Offering are subject to a four-month and one day hold period from the date of issuance under applicable Canadian securities laws.

In connection with the closing of the Offering, the Company paid the following cash fees to eligible arm’s length finders: $24,728 to Canaccord Genuity Corp., $353,524.84 to Accilent Capital Management Inc., $3,465 to Research Capital Corporation, $70,000 to PB Markets Inc., $47,250 to GloRes Securities Inc.; $28,000 to Wealth (WCPD Inc.), and $3,150 to Sightline Wealth Management.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of 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 or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Stallion Uranium Corp.:

Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones. With a commitment to responsible exploration and cutting-edge technology such as the use of the proprietary Haystack TI technology, Stallion is positioned to play a key role in the future of clean energy.

Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com.

On Behalf of the Board of Stallion Uranium Corp.:

Matthew Schwab
CEO and Director

Corporate Office:
700 – 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6

T: 604-551-2360
info@stallionuranium.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 release.

This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, ‘forward-looking statements’) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as ‘will likely result’, ‘are expected to’, ‘expects’, ‘will continue’, ‘is anticipated’, ‘anticipates’, ‘believes’, ‘estimated’, ‘intends’, ‘plans’, ‘forecast’, ‘projection’, ‘strategy’, ‘objective’ and ‘outlook’) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.

Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement.

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VANCOUVER, BC / ACCESS Newswire / December 30, 2025 / Electric Royalties Ltd. (TSXV:ELEC,OTC:ELECF)(OTCQB:ELECF) (‘Electric Royalties’ or the ‘Company’) announces that Gleason & Sons LLC (the ‘Lender’) has elected to convert C$420,000.00 of accrued interest on the principal amount of the Company’s convertible credit facility (the ‘Interest’) under the amended and restated convertible loan agreement dated February 16, 2024 between the Lender and Company (the ‘A&R Agreement’), into 3,000,000 common shares of the Company (the ‘Conversion Shares’), at a conversion price of C$0.14 per Conversion Share (the ‘Interest Conversion’). Subject to acceptance of the TSX Venture Exchange (the ‘TSXV’), the Company expects to issue the Conversion Shares in December 2025.

‘Today’s conversion virtually zeroes out all interest accrued to date. We appreciate the ongoing support of our largest shareholder Stefan Gleason as the Company’s diversified portfolio of 43 royalties continues to develop and mature,’ said Electric Royalties CEO Brendan Yurik. ‘As we head into 2026, we are pleased with our growing cash flows from the Punitaqui copper mine in Chile, the announced investment commitment by the U.S. government, Nrystar, and Korea Zinc related to our past-producing Middle Tennessee Zinc royalty, and the numerous other portfolio developments we shared with the market in recent weeks.’

The Interest Conversion is treated as a ‘Shares for Debt’ transaction under Policy 4.3 of the TSX Venture Exchange (the ‘TSXV’), and the Interest shall be settled in consideration for the Conversion Shares, upon the terms of the A&R Agreement. Completion of the Interest Conversion is subject to the approval of the TSX Venture Exchange. All of the Conversion Shares issuable in connection with the Interest Conversion will bear applicable resale legends restricting the transfer of said Conversion Shares, including for a period of four months and one day from the distribution date under Canadian securities laws, and for a period of six months under U.S. securities laws.

The ‘related party transaction’ requirements under Policy 5.9 of the TSXV and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101’) do not apply as the Interest Conversion meets the exemption set forth under Section 5.1(h)(iii) of MI 61-101.

Stock Options

The Company announces that it has granted incentive stock options (the ‘Options’) to certain consultants, under the terms of the Company’s stock option plan, to purchase an aggregate of 700,000 common shares in the capital stock of the Company. The Options were granted at an exercise price of $0.14 per share for a three-year term. The stock option grant is subject to acceptance by the TSX Venture Exchange.

About Electric Royalties Ltd.

Electric Royalties is a royalty company established to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper) that will benefit from the drive toward electrification of a variety of consumer products: cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications.

Electric vehicle sales, battery production capacity and renewable energy generation are slated to increase significantly over the next several years and with it, the demand for these targeted commodities. This creates a unique opportunity to invest in and acquire royalties over the mines and projects that will supply the materials needed to fuel the electric revolution.

Electric Royalties has a growing portfolio of 43 royalties in lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper across the world. The Company is focused predominantly on acquiring royalties on advanced stage and operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors exposure to the clean energy transition via the underlying commodities required to rebuild the global infrastructure over the next several decades toward a decarbonized global economy.

Company Contact

Brendan Yurik
CEO, Electric Royalties Ltd.
Phone: (604) 364‐3540
Email: Brendan.yurik@electricroyalties.com
https://www.electricroyalties.com/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor any other regulatory body or securities exchange platform, accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward-Looking Information and Other Company Information

This news release includes forward-looking information and forward-looking statements (collectively, ‘forward-looking information’) with respect to the Company within the meaning of Canadian securities laws. This news release includes information regarding other companies and projects owned by such other companies in which the Company holds a royalty interest, based on previously disclosed public information disclosed by those companies and the Company is not responsible for the accuracy of that information, and that all information provided herein is subject to this Cautionary Statement Regarding Forward-Looking Information and Other Company Information. Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. This information represents predictions and actual events or results may differ materially. Forward-looking information may relate to the Company’s future outlook and anticipated events and may include statements regarding the financial results, future financial position, expected growth of cash flows, business strategy, budgets, projected costs, projected capital expenditures, taxes, plans, objectives, industry trends and growth opportunities of the Company and the projects in which it holds royalty interests.

While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or these projects to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving the renewable energy industry; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the mining industry generally, recent market volatility, income tax and regulatory matters; the ability of the Company or the owners of these projects to implement their business strategies including expansion plans; competition; currency and interest rate fluctuations, and the other risks.

The reader is referred to the Company’s most recent filings on SEDAR+ as well as other information filed with the OTC Markets for a more complete discussion of all applicable risk factors and their potential effects, copies of which may be accessed through the Company’s profile page at sedarplus.ca and at otcmarkets.com.

SOURCE: Electric Royalties Ltd

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A federal judge ordered the Trump administration to produce documents related to its decision to investigate and bring criminal charges against Salvadoran migrant Kilmar Abrego Garcia while he was detained at a maximum-security prison in El Salvador earlier this year – signaling what is sure to be an action-packed evidentiary hearing in Nashville next month. 

The order, filed by U.S. Judge Waverly Crenshaw earlier this month and released to the public Tuesday afternoon, requires the Justice Department to produce all relevant documents to defense lawyers pertaining to its decision earlier this year to open an investigation and seek criminal charges against Abrego Garcia for conduct stemming from a 2022 traffic stop. 

The Justice Department opened the criminal investigation and presented the case to a grand jury earlier this year, when Abrego Garcia was detained at CECOT, and at the same time as lawyers for the Trump administration officials were telling a separate federal judge in Maryland that they were powerless to bring him back from Salvadoran custody. 

The new order stops short of compelling any government witnesses to testify for next month’s hearing, including testimony from Deputy Attorney General Todd Blanche, whose remarks – for months – have been at the center of the vindictive prosecution effort pursued by Abrego Garcia’s defense team in Tennessee.

Abrego Garcia’s attorneys have argued Blanche played ‘a leading role’ in the decision to prosecute him, a notion Blanche’s office has vehemently dismissed.

They had also honed in on the involvement of Blanche’s associate, Aakash Singh. 

‘The cornerstone of Abrego’s motion to dismiss is that the decision to prosecute him was in retaliation for his success in the Maryland District Court,’ Crenshaw said in the newly unsealed ruling. 

‘Indeed, at the time of Abrego’s arrest, Blanche linked Abrego’s criminal charges to his successful civil lawsuit in Maryland. Specifically, some of the documents suggest not only that McGuire was not a solitary decision-maker, but he, in fact, reported to others in DOJ and the decision to prosecute Abrego may have been a joint decision, with others who may or may not have acted with improper motivation.’ 

U.S. District Judge Waverly Crenshaw had ruled in October that Abrego Garcia had established a ‘reasonable likelihood’ that the criminal case against him was the result of vindictive prosecution by the Justice Department, a determination that shifted the burden to the government to rebut ahead of the criminal trial, and ordered the Trump administration to produce for the court internal documents and government witnesses to testify about its decision to bring the case. 

Lawyers for the Justice Department fiercely resisted efforts to produce government witnesses or documents, arguing that the documents should be protected by attorney-client privilege and work-product privilege, among other things. 

The evidentiary hearing is slated to take place on Jan. 28.

Crenshaw separately canceled the criminal trial date for Abrego Garcia, though the update is likely more a procedural one than a reflection of the status of the case.

Abrego Garcia’s status has been at the center of a legal and political maelstrom for nearly 11 months, after he was arrested and deported to his home country of El Salvador, in violation of a 2019 withholding of removal order. 

This is a breaking news story. Check back for updates.

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The global electric vehicle (EV) market was a study in contrasts in 2025.

While global sales surged by 21 percent, fueled by China’s continued dominance and a resilient European recovery, the North American market faced significant headwinds on the back of policy changes.

How did the EV market perform in 2025?

Global EV sales hit 18.5 million units in the first 11 months of 2025, according to EV market research firm Rho Motion, up 21 percent year-on-year. “Overall, EV demand remains resilient, supported by expanding model ranges and sustained policy incentives worldwide,” said Charles Lester, the company’s data manager.

While sales are up significantly in two of the three major regional markets (Europe, 36 percent, and China, 19 percent), North America continues to be the laggard, with total sales down 1 percent over the year so far.

China remains global EV market leader

At 11.6 million units, China’s EV sales represented 62 percent of total global sales through November 2025, as per Rho Motion. Chinese EV maker BYD (HKEX:1211,OTC Pink:BYDDF) is also the world’s largest EV manufacturer.

What’s more, China’s dominance in the global EV market extends beyond its borders.

“Record overseas sales from BYD reflect the growing global reach of Chinese EV makers,” said Lester.

Rho Motion reported that BYD saw record EV export levels this year in both June (90,000 units) and November (131,935 units). The fastest-growing export markets this year were in Europe (400 percent), Southeast Asia (100 percent) and South America (50 percent).

EV market alive and well in Europe

European EV sales came to 3.8 million units in the first 11 months of 2025, up 33 percent compared to the same period in 2024. However, the story hasn’t been positive for all markets in the region this year, especially as governments cut back on subsidies and tax breaks in the face of growing national debt. For example, Rho Motion notes that French EV sales were negatively impacted in 2025 after the government cut subsidies.

However, November was a bright light for Europe’s EV market after governments in France, Italy and UK offered up “new incentives and wider model availability.’ Somewhat reversing course, the French government increased EV subsidies for low-income households beginning in September in a bid to encourage them to make the transition.

The growth in Europe comes alongside the increasing popularity of small-size battery electric vehicles (BEVs), as well as Chinese-made plug-in hybrid electric vehicles (PHEVs), which are not impacted by European tariffs on BEVs.

North American EV market struggling

North American EV sales in 2025 were down 1 percent to 1.7 million units sold as of November 30.

The Canadian government ran out of funding for incentives for its zero-emission vehicle program in January 2025, with no replacement scheme on the horizon. Facing slower EV adoption, economic headwinds and pressure from auto makers, Canadian Prime Minister Mark Carney has also paused the 2026 Electric Vehicle Availability Standard, which had mandated that 20 percent of new light-duty vehicle sales in the country be zero-emission vehicles.

Interestingly, EV sales in the US experienced a record period in the third quarter of this year. But that was only because US President Donald Trump’s administration decided to take an abrupt U-turn on EVs, ending tax credits for car buyers as part of the One Big Beautiful Bill Act, which passed in July. Consumers rushed to make purchases of EVs and PHEVs to take advantage of the US$7,500 tax credit before it expired on September 30, 2025.

Overall for 2025, EV sales in the US are expected to drop by 2.1 percent year-on-year, according to Cox Automotive. That would be the first time in six years for yearly sales to post negative growth.

BEVs also lost ground to traditional combustion engine vehicles this year, representing just 7.8 percent of the total vehicle market in the US compared to the 8.1 percent won last year. “It’s not a huge drop. And maybe the situation isn’t as dark as some headlines would have you believe. But it’s a notable shift, particularly when you consider the trajectory of EV sales over the last several years,” stated Tim Levin, senior editor at InsideEVs.

EV market not going away

The volatility the EV market has experienced in 2025 isn’t going anywhere; however, the EV market outlook for 2026 is still one of robust growth, especially outside of North America.

“And Europe certainly hasn’t given up on electric cars. They’ve doubled down,” said Tiggre.

“If you thought that Europe was going to give up and go back to gas guzzlers, COVID didn’t make them do it. War with Russia didn’t make them do it … I really believe it’s not going away,’ he added.

In 2026, as many as 116 million EVs could be on the world’s roads, according to Gartner, a global research and advisory firm. That figure includes light passenger vehicles, buses, vans and heavy trucks, and represents a 30 percent increase over 2025. China’s reign as the leading geographical market for EVs will continue into the new year as the nation is set to account for 61 percent of all globally registered EVs in 2026.

For 2026, Economist Intelligence Unit is predicting that although declining consumer enthusiasm is translating into slower sales growth, “EVs will remain the best-performing segment of the global auto market in 2026.

New EV growth rate vs. new EV penetration.

New EV growth rate vs. new EV penetration.

Chart via the International Energy Agency.

Economist Intelligence Unit reports that total year-on-year sales growth for EVs, including BEVS, PHEVS and fuel-cell vehicles, will slow from 31 percent in 2025 to 15 percent in 2026.

However, EVs will still account for 38 percent of total new vehicle sales worldwide.

According to the firm, key catalysts for the EV market that investors should watch in 2026 include: China’s export license requirements on fully assembled BEVs and PHEVs, set to begin January 1; the renegotiation of the USMCA free trade agreement in July; and stricter Euro 7 emission standards slated to come into play on November 29.

Hybrids to dominate in changing North American EV landscape

Another key trend to watch in 2026 is hybrid vehicles — experts believe consumers are likely to check their range anxiety with hybrids, and Gartner is forecasting that PHEV sales will rise by 32 percent in 2026.

The results of a survey conducted by CDK Global support this forecast, showing a significant drop in North American consumer interest for EVs. Among those currently driving gas-powered vehicles, only 11 percent reported an interest in purchasing a pure EV. That’s down 20 percent from last year’s survey.

The percentage of hybrid owners interested in purchasing a fully electric vehicle for their next ride also dropped from 54 percent in the 2024 survey to 35 percent in the latest version. At 54 percent, PHEV drivers were the most enthusiastic about BEVs, down only 4 percent from last year. Some of the most common reasons cited for the lack of interest in EVs were the cancellation of federal tax credits and “don’t suit my lifestyle.’

Carmakers are responding to the shift in consumer sentiment by slowing the rollout of new EV models and focusing their manufacturing efforts on hybrids rather than fully electric vehicles. For example, Ford Motor (NASDAQ:F) has pulled the plug on its all-electric F-150 Lightning pickup truck, and instead will opt for producing a hybrid version.

The announcement followed the Trump administration’s decision to cut back on US Corporate Average Fuel Economy standards. “Under the new rule, manufacturers will only need to meet a fleetwide average of ~34.5 mpg by 2031, a big reduction compared to the roughly 50.4 mpg target under the previous rule,” reported Rho Motion.

Additionally, Economist Intelligence Unit says Toyota Motor (NYSE:TM,TSE:7203) is planning to reduce its annual EV sales target for 2026 from 1.5 million units to just 800,000 units, while Honda Motor (NYSE:HMC,TSE:7267) and Nissan Motor (TSE:7201,OTC Pink:NSANF) both plan to cut US production of one electric SUV model each.

“This change of pace will allow them to streamline their operations as trade barriers upend supply chains in 2026. However, backtracking on EV plans now may be detrimental in the longer term for carmakers, as the industry around them continues its shake-up,” the firm’s analysts state.

During his keynote speech at Benchmark Week in November, Stephen Kosowski, manager, long-range strategy and planning, at Kia North America, echoed these sentiments.

“We have a regulatory enforcement that’s ended, right? So EV sales are now shifting to natural demand,” he said. “We’re going to see a rebalancing of production to demand in the marketplace.”

According to Kosowski, regulations and consumer incentives were behind many of the technological advance, range increases and new model lines coming out of the North American EV market. Now that those regulations and incentives are effectively gone, BEVs will likely account for less of the total market share in North America.

With the majority of buyers being higher-income coastal elites, pure EVs lack broader market appeal, explained Kosowski. For EV producers to continue selling into a market facing economic uncertainties, hybrids are the best bet.

“What are the roadblocks? Price in particular, range and charging,” he said. “Hybrids, to us, are the path forward.”

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

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Tatiana Schlossberg, the environmental journalist and author who was the granddaughter of former President John F. Kennedy, has died at the age of 35, her family announced.

‘Our beautiful Tatiana passed away this morning. She will always be in our hearts,’ the family said in a statement shared via the JFK Library Foundation’s Instagram account Tuesday.

Born and raised in New York City, Schlossberg was the daughter of Caroline Kennedy and the granddaughter of Jacqueline Kennedy Onassis and the former president.

She built a career as a voice on climate and environmental issues. In 2023, Schlossberg was diagnosed with acute myeloid leukemia and after she had given birth to her second child.

Schlossberg shared her experience publicly in a personal essay for The New Yorker in November 2025.

‘My parents and my brother and sister, too, have been raising my children and sitting in my various hospital rooms almost every day for the last year and a half,’ she wrote at the time.

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

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The Senate will return to a fast-approaching government funding deadline, but this time both sides appear ready to avoid another shutdown.

When lawmakers in the upper chamber return Monday, they will have three working weeks to fund the government. That process fizzled out before they left town earlier in December, but lawmakers are hopeful that both parties can come together to ward off a repeat of September’s funding deadline.

Senate Minority Leader Chuck Schumer, D-N.Y., told reporters before leaving the Capitol that Democrats’ goal was to have the remaining slate of appropriations bills completed by the Jan. 30 deadline. It takes 12 spending bills to fund the government, and so far, neither chamber has come close to hitting that mark.

‘We want to get through the process and get the appropriations bills done,’ Schumer said.

It’s a stark departure from his and Democrats’ earlier position, given that they shut the government down for a record 43 days in a bid to bring expiring Obamacare subsidies to the forefront of discussions.

Congressional Democrats also have been leery of working with their Republican counterparts after President Donald Trump’s roughly $9 billion clawback package, which cut funding to already agreed-to programs and priorities, passed on a partisan vote over the summer.

A similar issue played out just as the Senate was on the cusp of advancing a five-bill spending package before skipping town.

Sens. Michael Bennet, D-Colo., and John Hickenlooper, D-Colo., held up the process over the Trump administration’s plan to dismantle the National Center for Atmospheric Research (NCAR) in Boulder, Colorado. 

Office of Management and Budget Director Russ Vought had just announced that same day that the facility would be put under a microscope, and charged that the NCAR was ‘one of the largest sources of climate alarmism in the country.’

For now, the duo appear entrenched in their position.

‘This holiday season, hundreds of NCAR employees face uncertainty about their jobs and communities across the state are worried they won’t get the support they need to rebuild their lives after historic flooding and wildfires,’ Bennett said in a statement. ‘Colorado deserves better, and I am doing everything in my power to fight back and protect our state from the President’s vindictive chaos.’

There’s also the issue of dealing with the Obamacare subsidies, which will have expired by the time lawmakers return to Washington, D.C. A group of bipartisan senators are working on a possible solution, and there are plans in the House — one from the GOP that already passed and another bipartisan effort that is expected to get a vote early January — that could make their way onto the Senate floor.

And Congressional Democrats are likely to use the healthcare issue as leverage during the impending spending fight.

Exactly how lawmakers avoid another shutdown is still in the air. The Senate is determined to advance its five bill package, which includes legislation to fund the departments of Defense, Labor, Health and Human Services, Education, Commerce, Justice, Interior, Transportation, and Housing and Urban Development.

But in order for those bills to make it to Trump’s desk, the House has to agree. So far, the lower chamber has only passed a handful of spending bills, and has not brought any appropriations bills to the floor for months.

Senate Majority Leader John Thune, R-S.D., already is gaming out a ‘a contingency plan.’

‘We got to fund the government by the end of the month,’ Thune said. ‘And so we’re looking at, you know, determining what that looks like, obviously, if we can pass the five bill package, and if we can’t, then what that looks like.’

‘So there’s a lot of thought being given and just to make sure that we don’t end up in a, you know, posture at the end of the month where we’re looking at, staring at a shutdown again,’ he continued.

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