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Pakistan’s defense minister declared an ‘open war’ with Afghanistan on Friday after the two sides exchanged heavy fire along their shared border on Thursday, according to multiple reports.

Defense Minister Khawaja Mohammad Asif said in a post on X that Pakistan had hoped the Taliban would bring stability after NATO’s withdrawal, but instead accused the group of turning Afghanistan ‘into a colony of India’ and ‘exporting terrorism.’

‘Our patience has now run out. Now it is open war between us,’ he said.

The clashes came after the Taliban said it launched retaliatory strikes on Pakistani military positions, while Islamabad said it was responding to unprovoked fire in the area.

Reuters reported that both forces clashed for more than two hours along their roughly 2,600-kilometer (1,615-mile) border, threatening a ceasefire that had been agreed to in 2025 after fighting.

Thursday’s flare-up came after Pakistani forces carried out airstrikes inside Afghanistan earlier this week, with Taliban officials saying the strikes killed at least 18 people, Reuters reported Feb. 24.

Pakistan said it targeted militant hideouts and rejected claims that civilians were targeted.

The Taliban described an ‘extensive’ military operation against Pakistani army positions in response to the strikes.

‘In response to repeated provocations, extensive preemptive operations have been launched against Pakistani military positions along the Durand Line,’ Taliban spokesperson Zabihullah Mujahid wrote on X.

 In a separate statement, he said ‘specialized laser units’ were operating at night.

Taliban military spokesman Mawlawi Wahidullah Mohammadi also said in a video shared with Reuters that the ‘retaliatory operation’ began Thursday evening.

Mujahid said ‘numerous’ Pakistani soldiers had been killed and some were also captured. Reuters said it could not independently verify those claims.

In another post on X, Mujahid said, ‘The cowardly Pakistani army has bombed some places in Kabul, Kandahar, and Paktia. Praise be to God, no one was harmed.’  

Pakistan has since rejected the Taliban’s account. 

The Ministry of Information and Broadcasting said on X that the Afghanistan Taliban’s ‘unprovoked action along the Pakistan-Afghanistan border’ was given an ‘immediate and effective response.’

The ministry said Taliban forces had ‘miscalculated and opened unprovoked fire on multiple locations’ along the border in Khyber Pakhtunkhwa province.

The post said the fire was being met with an ‘immediate and effective response by Pakistan’s security forces.’

‘Early reports confirm heavy casualties on the Afghan side with multiple posts and equipment destroyed,’ the ministry said. 

‘Pakistan will take all necessary measures to ensure its territorial integrity and the safety and security of its citizens.’

Pakistani security sources also told Reuters that 22 Taliban personnel had been killed, and several quadcopters were shot down.

The fighting follows Pakistan’s accusations that the Taliban is sheltering TTP militants behind a surge in violence and suicide attacks. 

The Afghan Taliban denies the claim. A day before February’s strikes, Pakistani officials said they had ‘irrefutable evidence’ that militants were launching attacks from Afghan soil, Reuters reported.

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Afghanistan and Pakistan exchanged significant cross-border fire Thursday in an escalation of hostilities along their shared border, according to multiple reports.

The clashes came after the Taliban said it launched retaliatory strikes on Pakistani military positions, while Islamabad said it was responding to unprovoked fire in the area.

Reuters reported that both forces clashed for more than two hours along their roughly 2,600-kilometer (1,615-mile) border, threatening a ceasefire that had been agreed to in 2025 after fighting.

Thursday’s flare-up came after Pakistani forces carried out airstrikes inside Afghanistan earlier this week, with Taliban officials saying the strikes killed at least 18 people, Reuters reported Feb. 24.

Pakistan said it targeted militant hideouts and rejected claims that civilians were targeted.

The Taliban described an ‘extensive’ military operation against Pakistani army positions in response to the strikes.

‘In response to repeated provocations, extensive preemptive operations have been launched against Pakistani military positions along the Durand Line,’ Taliban spokesperson Zabihullah Mujahid wrote on X.

 In a separate statement, he said ‘specialized laser units’ were operating at night.

Taliban military spokesman Mawlawi Wahidullah Mohammadi also said in a video shared with Reuters that the ‘retaliatory operation’ began Thursday evening.

Mujahid said ‘numerous’ Pakistani soldiers had been killed and some were also captured. Reuters said it could not independently verify those claims.

In another post on X, Mujahid said, ‘The cowardly Pakistani army has bombed some places in Kabul, Kandahar, and Paktia. Praise be to God, no one was harmed.’  

Pakistan has since rejected the Taliban’s account. 

The Ministry of Information and Broadcasting said on X that the Afghanistan Taliban’s ‘unprovoked action along the Pakistan-Afghanistan border’ was given an ‘immediate and effective response.’

The ministry said Taliban forces had ‘miscalculated and opened unprovoked fire on multiple locations’ along the border in Khyber Pakhtunkhwa province.

The post said the fire was being met with an ‘immediate and effective response by Pakistan’s security forces.’

‘Early reports confirm heavy casualties on the Afghan side with multiple posts and equipment destroyed,’ the ministry said. 

‘Pakistan will take all necessary measures to ensure its territorial integrity and the safety and security of its citizens.’

Pakistani security sources also told Reuters that 22 Taliban personnel had been killed, and several quadcopters were shot down.

The fighting follows Pakistan’s accusations that the Taliban is sheltering TTP militants behind a surge in violence and suicide attacks. 

The Afghan Taliban denies the claim. A day before February’s strikes, Pakistani officials said they had ‘irrefutable evidence’ that militants were launching attacks from Afghan soil, Reuters reported.

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A Senate Republican warned Thursday that Ayatollah Ali Khamenei’s primary focus is shedding American blood as U.S.-Iran relations continue to simmer. 

‘The ayatollah not only thinks that I’m going to hell because I don’t agree with his religion — he wants to kill me,’ Sen. John Kennedy, R-La., said on the Senate floor Thursday.

‘He wants to kill Americans and the Israelis and anybody who does not believe in his jihad and drink our blood out of a boot,’ Kennedy continued. ‘And he’s acted on that, and that’s not acceptable.’

Kennedy’s message comes as tensions with Iran are escalating. At the core of the issue is Iran’s capability and Khamenei’s desire to build a nuclear weapon.

President Donald Trump gave the country’s leadership roughly 10 to 15 days to reach a nuclear agreement and warned that the inability to strike a deal could lead to U.S. military action in the region.

He renewed that edict during his State of the Union address earlier this week.

‘I will never allow the world’s number one sponsor of terror … to have a nuclear weapon,’ Trump said.

Kennedy cautioned that if the Trump administration were to broker a deal, it would need to have guardrails.

‘If we make a deal with Iran, let’s make sure we have a protocol to enforce it because, in my experience in watching the Ayatollah through the years, I wouldn’t trust this man if he was three days dead,’ he said.

Lawmakers are wrestling with the exact nature of what a strike could look like and whether Congress should weigh in before Trump makes a decision.

Senators Tim Kaine, D-Va., and Rand Paul, R-Ky., expect that their Iran war powers resolution will hit the Senate floor next week, which would curb Trump’s ability to strike the country without Congress’ approval.

Senate Majority Leader John Thune, R-S.D., said the most important aspect of the Iran negotiations was ‘to prevent them from having nuclear capability.’

‘But there are also other threats that they represent in the region, and we have a big presence in that region, as you know. So, I think they’re looking at and working through what the options might be,’ Thune said. 

‘In my view, if you’re going to do something there, you better well make it about getting new leadership and regime change.’

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Perth, Australia (ABN Newswire) – Basin Energy Limited (ASX:BSN) (OTCMKTS:BSNEF) announced that it has now executed a Mineral Rights Purchase and Sale Agreement (‘MRPSA’) with Green Canada Corporation Inc (‘GCC’), a 54% owned subsidiary of PTX Metals Inc. (TSXV: PTX) (‘PTX’) to sell the Marshall Uranium Project (‘Marshall’), located in Saskatchewan, Canada. This follows the binding letter of intent, as announced on the 24th November 2025.

Key Highlights

– Mineral Rights Purchase and Sale Agreement executed, advancing Basin’s sale of 100% of the Marshall Uranium Project to Green Canada Corporation Inc (‘GCC’).

– GCC progressing toward public listing on Canadian Stock Exchange, in conjunction with a reverse takeover of Maackk Capital Corp.

– Basin will receive consideration of up to:

o C$600,000 payable in cash in four equal annual instalments;

o C$300,000 payable in shares over three equal annual instalments; and

o 9.99% of the total issued capital of the newly listed entity.

– Basin retains strong upside optionality, including a 25% project level buyback option and threeyear Right of first refusal (ROFR) on any future sale.

– Basin and CanAlaska Uranium Ltd (CVE:CVV) (‘CanAlaska’) have also granted GCC a 9-month exclusivity for the North Millennium Project.

The transaction is now conditional primarily on the proposed Reverse Takeover (‘RTO’) by GCC of Maackk Capital Corp (‘MAACKK’) and concurrent minimum C$2.5 million financing and admission to the Canadian Securities Exchange (‘CSE’) or such other stock exchange as may be mutually agreed upon by the parties.

In addition to the Marshall agreement, Basin and CanAlaska have agreed to grant GCC a 9-month exclusivity right to conduct due diligence and, if satisfactory, negotiate the terms of an earn-in option to acquire up to a 51% interest in the North Millennium joint venture project of CanAlaska and BSN.

Managing Director, Pete Moorhouse commented:

‘The execution of the definitive agreement marks a key milestone in unlocking value from the Marshall Uranium Project, while maintaining meaningful upside exposure for Basin shareholders.

With GCC progressing toward its public listing and associated financing, we are pleased to see a clear pathway toward funded exploration and drill testing at Marshall in the near term. Importantly, Basin retains leverage and upside through our equity interest, buyback option and right of first refusal, ensuring continued alignment with the project’s success.’

Terms of the Deal

In consideration, GCC has agreed to the following payments to Basin:

– C$600,000 payable in cash in four equal annual instalments, with the first payment due on closing of the transaction;

– C$300,000 payable in shares, issuable in three equal annual instalments based on the 5-day Volume-Weighted Average Price on the business day immediately preceding the date of issuance; and

– 9.99% of the total issued and outstanding resulting issuer shares on a non-diluted basis after giving effect to the concurrent financing at the time of closing of the proposed RTO, subject to 12-month escrow.

Basin will receive an additional 400,000 shares in the resulting issuer upon closing of the RTO in return for granting the 9-month exclusivity right in the North Millennium joint venture.

Basin will have a right of first refusal on any sale of the Marshall Project by GCC for a period of three years following the closing date of the transaction. In addition, Basin will retain a repurchase right to acquire from GCC a 25% interest in the Marshall Project for C$1,000,000 for a period commencing on the closing date and ending on the earlier of: the date that is five years from the closing date or the date on which GCC has incurred total exploration expenditures of C$10,000,000 on the Marshall Project.

Pursuant to the terms of the MRPSA, GCC is required to fund exploration expenditures for an initial work program on the Marshall Project to be carried out within twenty-four months from the closing. The Initial Work Program will have a budget in an amount that is the greater of C$1,500,000, and the minimum amount required to maintain the mineral claims comprising the Marshall Project in good standing under applicable governmental regulations.

Basin will also have the right to nominate one director to the board of the resulting issuer.

GCC will retain the right to withdraw from the transaction at any time after the closing of the transaction, in which case the project will return to Basin and no further payments will be required.

The Company has considered the application of ASX Listing Rule 11.4(a) and considers it does not apply.

About Green Canada Corporation

GCC is a 54% owned subsidiary of PTX Metals Inc. (CVE:PTX) and a uranium exploration company with a portfolio of projects located in Thelon Basin, Nunavut, the Athabasca Basin, Saskatchewan and Quebec. Concurrent to the LOI to acquire Basin’s Marshall project, GCC announced that it has entered into a binding letter of intent with MAACKK pursuant to which GCC and MAACKK intend to complete a transaction that would result in a reverse take-over of MAACKK by the shareholders of GCC (the ‘Proposed RTO’). Closing of the Proposed RTO will be subject to, among other things, requisite regulatory approval for the listing of the resulting issuer of the Proposed RTO (the ‘Resulting Issuer’) on the Canadian Securities Exchange or such other stock exchange as may be mutually agreed upon by the parties, along with completion of concurrent financing and execution of the definitive agreements in respect of the acquisition of the Marshall project.

Upon completion of the Proposed RTO, the current directors and officers of MAACKK will resign and it is anticipated that the board of directors of the Resulting Issuer will be reconstituted to consist of Richard J. Mazur, Greg Ferron, Olivier Crottaz and a representative from the Basin.

About the Marshall and North Millennium Projects

The Marshall project is 100% owned by Basin, and the North Millennium Project is under joint venture agreement on a 40:60 basis with CanAlaska.

The Marshall and North Millennium projects are located less than 11 km from Cameco Corporation’s Millennium deposit (104.8Mlb at 3.8% U3O8) and around 40 km from the prolific McArthur River uranium mine, one of the world’s highest-grade uranium operations, refer to Figure 1*. Both projects are deemed prospective for unconformity style uranium exploration.

In 2024, ground electromagnetics (‘EM’) at Marshall identified three main targets which confirms the geological and exploration model. Of note is Target 1, refer to Figure 2*, where modelled EM plates below the unconformity align with a sandstone Z-Tipper Axis Electromagnetic (‘ZTEM’) anomaly, which is interpreted to be alteration within sandstone. The identification of these targets is encouraging and consistent with regional trends in the southeastern Athabasca and provides increased confidence in drill hole targeting.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/R3LUUKE8

About Basin Energy Ltd:

Basin Energy Ltd (ASX:BSN) (OTCMKTS:BSNEF) is a green energy metals exploration and development company with an interest in three highly prospective projects positioned in the southeast corner and margins of the world-renowned Athabasca Basin in Canada and has recently acquired a significant portfolio of Green Energy Metals exploration assets located in Scandinavia.

Source:
Basin Energy Ltd

Contact:
Pete Moorhouse
Managing Director
pete.m@basinenergy.com.au
+61 7 3667 7449

Chloe Hayes
Investor and Media Relations
chloe@janemorganmanagement.com.au
+61 458619317

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

A Senate Republican warned Thursday that Ayatollah Ali Khamenei’s primary focus is shedding American blood as U.S.-Iran relations continue to simmer. 

‘The Ayatollah not only thinks that I’m going to hell because I don’t agree with his religion — he wants to kill me,’ Sen. John Kennedy, R-La., said on the Senate floor Thursday.

‘He wants to kill Americans and the Israelis and anybody who does not believe in his jihad and drink our blood out of a boot,’ Kennedy continued. ‘And he’s acted on that, and that’s not acceptable.’

Kennedy’s message comes as tensions with Iran are escalating. At the core of the issue is Iran’s capability and Khamenei’s desire to build a nuclear weapon.

President Donald Trump gave the country’s leadership roughly 10 to 15 days to reach a nuclear agreement and warned that the inability to strike a deal could lead to U.S. military action in the region.

He renewed that edict during his State of the Union address earlier this week.

‘I will never allow the world’s number one sponsor of terror … to have a nuclear weapon,’ Trump said.

Kennedy cautioned that if the Trump administration were to broker a deal, it would need to have guardrails.

‘If we make a deal with Iran, let’s make sure we have a protocol to enforce it, because in my experience in watching the Ayatollah through the years, I wouldn’t trust this man if he was three days dead,’ he said.

Meanwhile, lawmakers are wrestling with the exact nature of what a strike could look like and whether Congress should weigh in before Trump makes a decision.

Sens. Tim Kaine, D-Va., and Rand Paul, R-Ky., expect that their Iran war powers resolution will hit the Senate floor next week, which would curb Trump’s ability to strike the country without Congress’ approval.

Senate Majority Leader John Thune, R-S.D., said that the most important aspect of the Iran negotiations was ‘to prevent them from having nuclear capability.’

‘But there are also other threats that they represent in the region, and we have a big presence in that region, as you know, so I think they’re looking at and working through what the options might be,’ Thune said. ‘In my view, if you’re going to do something there, you better well make it about getting new leadership and regime change.’

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Former Secretary of State Hillary Clinton wasted no time criticizing Republicans after she emerged from a roughly six-hour grilling in the House Oversight Committee’s Jeffrey Epstein probe Thursday evening.

Clinton told reporters she answered questions ‘repetitively, literally over and over again’ after blasting Republicans for holding a closed-door deposition instead of a public hearing.

She said, however, that she would not testify again if there was a public hearing, telling reporters, ‘They had a chance to do it in public, and I wish they had done it in public. And I think they’re making the wrong decision, avoiding doing it in public.

‘It then got, at the end, quite unusual because I started being asked about UFOs and a series of questions about Pizzagate, one of the most vile, bogus conspiracy theories that was propagated on the internet that was serving as the basis of a member’s questions to me,’ Clinton said.

She also knocked Republican lawmakers for not attending the deposition of former Victoria’s Secret CEO Leslie Wexner in person.

Clinton did save praise for House Oversight Committee Chairman James Comer, R-Ky., however, ‘for raising a series of significant questions that I responded to about the nature of the investigation and the areas that I thought should be explored.’

‘So, I appreciated that. I want to see the truth come out. So, that was a reassuring way to end a very long, repetitive, deposition,’ Clinton said.

She also reiterated comments from her opening statement that she did not know Epstein and said she only knew Ghislaine Maxwell ‘as an acquaintance.’

When asked why Maxwell was invited to daughter Chelsea Clinton’s wedding, however, Clinton said she was a ‘plus-one of someone invited.’

Clinton’s deposition began in the 11 a.m. hour and wrapped in the 5 p.m. hour in her hometown of Chappaqua, New York.

Comer said afterward that Clinton ‘answered most of our questions’ in a ‘productive’ deposition but said Republicans ultimately ‘weren’t satisfied’ with what they gleaned.

‘The number of times that she said, ‘I don’t know, you’ll have to ask my husband,’ was more than a dozen,’ Comer said.

Former President Bill Clinton is slated to testify behind closed doors Friday for what Comer said would be an ‘even longer’ deposition.

Neither Clinton is implicated in any wrongdoing related to Epstein or Maxwell, but Bill Clinton was known to have a relationship with the late financier and sex trafficker before the federal investigations into Epstein’s crimes came to light.

Hillary Clinton said that relationship ‘ended years, several years, before anything about Epstein’s criminal activities came to light.’

Rep. William Timmons, R-S.C., told Fox News Digital it was ‘frustrating’ to see Hillary Clinton ‘obstinate and sort of annoyed at the process.’

‘She had an excuse for everything. But when you’ve got a pattern of involvement and a pattern of association, the American people deserve answers,’ Timmons said.

‘Honestly, I tend to find her to be fairly credible, but I mean, all of this is going to culminate tomorrow with President Clinton, and he has a lot of really hard questions to answer. And I don’t think that the American people are going to like his answers.’

The deposition was tense at times, a tension Clinton alluded to when she accused Republicans of breaking the rules when Rep. Lauren Boebert, R-Colo., apparently shared a photo from inside the deposition room with a right-wing influencer.

‘We had a bit of a challenge in the beginning because we agreed upon rules based on the fact it was going to be a closed hearing at their demand. And one of the members violated that rule, which was very upsetting because it suggested that they might violate other of our agreements,’ Clinton said. 

‘So, we had to cease the hearing for a period of time until we could get assurances that no rules would be broken going forward.’

It’s notable, however, that Democrats also leaked information from inside the room but did not get any public blowback. A New York Times reporter posted reporting about the deposition on X earlier in the day while citing a ‘Dem member in the room.’

Bill Clinton’s deposition is also expected to kick off in the 11 a.m. hour on Friday at the Chappaqua Performing Arts Center.

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Denmark will head to the polls March 24 after Prime Minister Mette Frederiksen called a snap parliamentary election, a move widely viewed as an attempt to consolidate rising public support tied to her handling of tensions with President Donald Trump over Greenland.

Frederiksen announced the early vote Wednesday, arguing Denmark needs political clarity at a time of mounting geopolitical pressure. According to Reuters, she said the country faces ‘a serious foreign policy situation,’ adding voters should have a say in how Denmark navigates it.

Her center-left Social Democratic government has seen a lift in opinion polls in recent weeks after taking a firm stance that Greenland is not for sale and that Danish sovereignty is non-negotiable. 

The dispute with Washington has reshaped the domestic political conversation, pushing Arctic security and national sovereignty to the forefront of Danish politics.

Frederiksen, who has led Denmark since mid-2019, has spent much of the past year managing the fallout from Trump’s renewed push to acquire Greenland, the vast Arctic island that is an autonomous territory within the Kingdom of Denmark. Tensions escalated sharply last month when Trump threatened to impose new tariffs on Denmark and several other European Union countries.

Trump has argued that the United States needs control of the North Atlantic island for national security reasons, citing increased activity by Russia and China in the Arctic. The region has grown in strategic importance as melting ice opens shipping routes and access to natural resources, intensifying competition among major powers.

The standoff appeared to ease after Trump announced that a framework agreement to strengthen Arctic security had been reached in talks with NATO Secretary General Mark Rutte on the sidelines of the World Economic Forum in Davos. After that announcement, U.S., Danish and Greenlandic officials began technical discussions on implementing the arrangement, focusing on security coordination rather than any change in sovereignty.

Throughout the crisis, Frederiksen and other senior Danish officials repeatedly emphasized that Greenland’s status is not up for negotiation. Speaking at the Munich Security Conference earlier in February, Frederiksen cautioned that she did not believe the crisis had fully passed and suggested Washington could still harbor ambitions to annex the island.

According to The Guardian, Danish commentators have described the prime minister’s polling boost as a ‘Greenland bounce,’ reflecting growing domestic approval of her firm posture toward Washington.

Frederiksen’s decision to call early elections appears aimed at converting that surge into a renewed mandate. Denmark’s next general election had not been scheduled until later this year, but the prime minister argued that the current security climate justifies seeking fresh voter backing.

Greenland, home to roughly 56,000 people, has long been strategically significant due to its location between North America and Europe. The United States maintains a military presence there at Pituffik Space Base, formerly known as Thule Air Base. Any suggestion of U.S. acquisition has historically been sensitive in both Copenhagen and Nuuk, Greenland’s capital.

Euronews reported that Frederiksen’s government has stressed cooperation with allies while firmly rejecting any negotiations over Greenland’s sovereignty. European leaders have signaled support for Denmark, reinforcing the view that Arctic stability is increasingly central to NATO and EU planning.

Opposition parties have criticized the timing of the snap election, arguing that Frederiksen is seeking a political advantage during a moment of heightened nationalism. Others, however, have largely backed the government’s line on Greenland, suggesting that the sovereignty issue may transcend traditional party divides.

The March 24 vote will determine whether Frederiksen can strengthen her coalition or voters shift the parliamentary balance. It will also serve as a broader test of how Danes believe their country should manage its relationship with Washington as Arctic security becomes a defining issue of global competition.

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(TheNewswire)

Prismo Metals Inc.

Secures Equity, Cash, and Ongoing Upside Exposure

Vancouver, British Columbia, February 26th, 2025 TheNewswire – Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that it has entered into a definitive  assignment agreement (the ‘Agreement’) with Blade Resources Inc. (‘Blade’) pursuant to which Prismo has agreed to assign all of its rights, interests and obligations in the Hot Breccia copper project, located  in the heart of the Arizona copper belt (the ‘Transaction’), to Blade. The Transaction is expected to close on or about March 2, 2026, or such other date as the Company and Blade may agree.

In consideration for the Transaction, Prismo will be issued 6,755,000 common shares of Blade and will receive a cash payment of $185,000. Following completion of the Transaction, Prismo will own approximately 24% of Blade’s issued and outstanding shares and will be Blade’s largest single shareholder (see additional early warning disclosure below).

Alain Lambert, CEO of Prismo, commented: ‘In our opinion, Hot Breccia is one of the best copper exploration opportunities in North America. Since optioning the project in January 2023, we have remained committed to advancing it toward drilling. After carefully evaluating our options – including funding a drill program internally, partnering with a major, or joining forces with like-minded explorers – we have concluded that the best way forward for Prismo is the latter hence this partnership with Blade.’ He added: ‘The principals and financial backers of Blade have a long history and strong track record in raising significant capital for exploration programs of the scale required at Hot Breccia.’

Strategic Rationale

The Transaction provides several strategic benefits:

Value Creation: Prismo is leveraging its investments in Hot Breccia into a significant stake in a company dedicated to advancing the Hot Breccia project.

Access to Capital with Limited Dilution: The structure provides enhanced access to capital for the Hot Breccia drill program through Blade, without direct dilution to Prismo shareholders.

Strategic Focus: Prismo will focus on advancing its remaining Arizona projects — Silver King and Ripsey Gold — while Blade dedicates its efforts to advancing Hot Breccia.

Enhanced Attractiveness to Strategic Partners: With the potential for 100% ownership of Hot Breccia, Blade will be in a better position to possibly attract majors or strategic buyers.

Prismo’s Investment in Blade

Regarding Prismo’s investment in Blade, Mr. Lambert said: ‘We see several potential pathways for our investment: holding it long term, monetizing a portion to fund other projects, distributing shares to our shareholders, or a combination of these last two approaches. At this time, we are entering this transaction with a long-term perspective. Successful development at Hot Breccia would have meaningful implications for shareholder value.’

Additional Prismo Rights under the Transaction

Under the terms of the Transaction:

  • Prismo has the right to nominate one representative to Blade’s board of directors. The Company has not yet determined its initial nominee. 

  • Blade has granted Prismo participation rights in future equity offerings, allowing Prismo to subscribe for shares on substantially the same terms as other investors in order to maintain its undiluted ownership percentage in Blade. 

Dr. Linus Keating, manager of Walnut Mines LLC, the underlying landowner of Hot Breccia enthusiastically commented: Walnut Mines strongly supports any initiative that advances Hot Breccia toward a serious drill program. We are optimistic that this transaction will help achieve that objective in 2026. In our view, this property continues to represent an excellent copper exploration opportunity in North America.

Early Warning Disclosure

This news release is issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Prior to the Transaction, Prismo did not own any common shares of Blade. The common shares of Blade will be acquired by Prismo for a total consideration of $2,364,250 and will be acquired for investment purposes with a view to Blade’s potential listing on a Canadian stock exchange.

Except as described in this news release, Prismo has no present plans or intentions that relate to or would result in any of the matters enumerated in paragraphs (a) through (k) of Item 5 of Form 62-103F1.

Prismo will file an early warning report in accordance with applicable securities laws, which will be available under Blade’s profile on SEDAR+ at www.sedarplus.ca . A copy of the early warning report may be obtained by contacting Gordon Aldcorn at the contact details below.

About the Hot Breccia Project

The Hot Breccia project lies at the heart of the Arizona Copper Belt, which hosts several globally significant porphyry copper deposits.  Examples of these significant deposits are Freeport McMoRan’s Miami-Inspiration mining complex, BHP’s San Manuel mine, Rio Tinto and BHP’s Resolution deposit and others (see Figure 1).  

Figure 1. Location of the Hot Breccia Project in the Arizona Copper Belt.

Note that the Company and its qualified person have not been able to independently verify the information on these producing mines, and that the information is not necessarily indicative of the mineralization on the Hot Breccia project.

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF, OTCQB: PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

About Blade Resources Inc.

Blade Resources is a private mining exploration company focused on development of North American copper and precious metals projects.

Please follow @PrismoMetals on , , , Instagram, and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6  Phone: (416) 361-0737

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information relates to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as intends’ or anticipates‘, or variations of such words and phrases or statements that certain actions, events or results may’, could’, should’, would’ or occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the anticipated closing and closing date of the Transaction; the strategic rationale and potential upside of the transaction with Blade,  the future development of the Hot Breccia project and Blade’s ability of Blade to successfully implement its strategic and business objectives, including potentially attracting majors or strategic buyers; and the ability of Prismo to fund its exploration activities on its other projects.

These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: that the Transaction may not close as anticipated, or at all; delays incurred by Blade in obtaining or failure to obtain appropriate funding to finance the exploration program at Hot Breccia; the inability of Blade to successfully acquire a 100% interest on the Hot Breccia project; delays incurred by the Company in obtaining or failure to obtain appropriate funding to finance exploration programs for its other projects; the risk that mineralization will not be as anticipated at the Hot Breccia project or at the Company’s other projects; metal prices; market uncertainty; and other risks and uncertainties application to exploration activities and the Company’s business as set forth in the Company’s disclosure documents available for viewing under the Company’s profile on SEDAR+ at www.sedarplus.com.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the timeline for closing the Transaction will be as anticipated; the Transaction will close; the ability to raise capital to fund exploration programs at Hot Breccia or on the Company’s other projects, and the timing of such exploration programs; the ability of Blade to complete the option to acquire a 100% interest in the Hot Breccia project and to successfully carry out its business and strategic objectives following completion of the transaction; and that the Hot Breccia project and the Company’s other projects will have the anticipated mineralization and other qualities.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright (c) 2026 TheNewswire – All rights reserved.

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Denmark will head to the polls on March 24 after Prime Minister Mette Frederiksen called a snap parliamentary election, a move widely viewed as an attempt to consolidate rising public support tied to her handling of tensions with President Donald Trump over Greenland.

Frederiksen announced the early vote on Wednesday, arguing that Denmark needs political clarity at a time of mounting geopolitical pressure. According to Reuters, she said the country faces ‘a serious foreign policy situation,’ and that voters should have a say in how Denmark navigates it.

Her center-left Social Democratic government has seen a lift in opinion polls in recent weeks after taking a firm stance that Greenland is not for sale and that Danish sovereignty is non-negotiable. 

The dispute with Washington has reshaped the domestic political conversation, pushing Arctic security and national sovereignty to the forefront of Danish politics.

Frederiksen, who has led Denmark since mid-2019, has spent much of the past year managing the fallout from Trump’s renewed push to acquire Greenland, the vast Arctic island that is an autonomous territory within the Kingdom of Denmark. Tensions escalated sharply last month when Trump threatened to impose new tariffs on Denmark and several other European Union countries.

Trump has argued that the United States needs control of the North Atlantic island for national security reasons, citing increased activity by Russia and China in the Arctic. The region has grown in strategic importance as melting ice opens shipping routes and access to natural resources, intensifying competition among major powers.

The standoff appeared to ease after Trump announced that a framework agreement to strengthen Arctic security had been reached following talks with NATO Secretary General Mark Rutte on the sidelines of the World Economic Forum in Davos. After that announcement, U.S., Danish and Greenlandic officials began technical discussions on implementing the arrangement, focusing on security coordination rather than any change in sovereignty.

Throughout the crisis, Frederiksen and other senior Danish officials repeatedly emphasized that Greenland’s status is not up for negotiation. Speaking at the Munich Security Conference earlier in February, Frederiksen cautioned that she did not believe the crisis had fully passed and suggested Washington could still harbor ambitions to annex the island.

According to The Guardian, Danish commentators have described the prime minister’s polling boost as a ‘Greenland bounce,’ reflecting growing domestic approval of her firm posture toward Washington.

Frederiksen’s decision to call early elections appears aimed at converting that surge into a renewed mandate. Denmark’s next general election had not been scheduled until later this year, but the prime minister argued that the current security climate justifies seeking fresh voter backing.

Greenland, home to roughly 56,000 people, has long been strategically significant due to its location between North America and Europe. The United States maintains a military presence there at Pituffik Space Base, formerly known as Thule Air Base. Any suggestion of U.S. acquisition has historically been sensitive in both Copenhagen and Nuuk, Greenland’s capital.

Euronews reported that Frederiksen’s government has stressed cooperation with allies while firmly rejecting any negotiations over Greenland’s sovereignty. European leaders have signaled support for Denmark, reinforcing the view that Arctic stability is increasingly central to NATO and EU planning.

Opposition parties have criticized the timing of the snap election, arguing that Frederiksen is seeking political advantage during a moment of heightened nationalism. Others, however, have largely backed the government’s line on Greenland, suggesting that the sovereignty issue may transcend traditional party divides.

The March 24 vote will determine whether Frederiksen can strengthen her coalition or whether voters will shift the parliamentary balance. It will also serve as a broader test of how Danes believe their country should manage its relationship with Washington as Arctic security becomes a defining issue of global competition.

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ThreeD Capital Inc. (‘ThreeD’ or the ‘Company’) (CSE:IDK OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is excited to announce additional YouTube interviews with certain portfolio companies of ThreeD.

Already uploaded on ThreeD’s YouTube channel are several recent interviews with companies such as AI/ML Innovation Inc. (CSE: AIML), Neurable Inc., Hypercycle, and TODAQ Micro Inc,. to name a few.

In the coming weeks ThreeD plans to complete additional interviews with portfolio companies, including with Forte Minerals Corp. (‘Forte Minerals’) (CSE: CUAU,OTC:FOMNF). Forte Minerals is a Canadian exploration company with copper and gold assets in Peru. Forte Minerals recently provided updates on its operations referenced in its press release dated November 26, 2025 and its press release dated February 24, 2026.

The companies noted above do not represent all of ThreeD’s portfolio holdings. The holdings of securities of investees by ThreeD are managed for investment purposes. ThreeD could increase or decrease its investments in these companies at any time, or continue to maintain its current position, depending on market conditions or any other relevant factor.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.  ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

For further information:

Jakson Inwentash

Vice President Investments
jinwentash@threedcap.com
Phone: 416-941-8900 ext 107

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Forward-Looking Statements

Certain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking statements. Often, but not always, these forward looking statements can be identified by the use of words such as ‘estimate’, ‘estimates’, ‘estimated’, ‘believes’, ‘hopes’, ‘potential’, ‘open’, ‘future’, ‘assumed’, ‘projected’, ‘used’, ‘detailed’, ‘has been’, ‘gain’, ‘upgraded’, ‘offset’, ‘limited’, ‘contained’, ‘reflecting’, ‘containing’, ‘remaining’, ‘to be’, ‘periodically’, or statements that events, ‘could’ or ‘should’ occur or be achieved and similar expressions, including negative variations.

Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, risks relating to the prospectivity of the Company’s investments, determinations of the Company to increase or decrease its investment in any given investee from time to time, and such risks detailed from time to time in the Company’s filings with securities regulators and available under the Company’s profile on SEDAR at www.sedarplus.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of management. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements.

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