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The State Department is so far refusing to comment on a growing corruption crisis engulfing the Balkan nation of Albania, a vital U.S. ally in the region. 

Following an Albanian court’s decision to remove Deputy Prime Minister Belinda Balluku from her position on allegations she interfered in two construction bids, socialist Prime Minister Edi Rama took the issue to the country’s Constitutional Court, which on Friday reinstated Balluku until a ‘final decision’ could be made, according to media reports.

The Special Anti-Corruption and Organized Crime Structure (SPAK) issued a criminal indictment against Balluku on Oct. 31, alleging she had been improperly influenced in her decision to favor one company in a tender for the construction of a 3.7-mile tunnel in southern Albania, Reuters reported. SPAK delivered an additional charge for violating rules in a Tirana road construction project on Nov. 21, the date when Balluku was removed from office.

The day before her November court appearance, Balluku told the country’s parliament the accusations against her amounted to ‘mudslinging, insinuations, half-truths and lies.’

As the second member of Rama’s cabinet to face corruption accusations since 2023, her charges have drawn the ire of Rama opponents.

Agim Nesho, former Albanian ambassador to the U.S. and the United Nations, told Fox News Digital that Balluku’s case demonstrates ‘the Rama government shows no sign of assuming moral responsibility or allowing justice the space to act independently. Instead, it appears intent on shielding Ms. Balluku, portraying the judiciary’s actions as an attack on the executive.’

Tirana’s ex-ambassador to Washington argued that ‘influencing the Constitutional Court may be an attempt to set a protective precedent — one that could prove useful if investigators ever seek to involve Mr. Rama himself in their investigations.’

‘It’s becoming increasingly clear that the emperor has no clothes,’ Nesho said, adding that Rama’s rule has amounted to ‘state capture’ as the ‘lack of checks and balances has enabled a recurring system of corruption across multiple of his terms.’

Nesho also claimed that Balluku had pointed to broader involvement of the Rama government in decision-making. Former Deputy Prime Minister Arben Ahmetaj, allegedly on the run after coming under SPAK investigation, has likewise alleged that Rama ‘directed all key decisions on tenders, finances and public assets,’ according to Nesho’s claims.

Ahmetaj’s accusations included allegations that Rama is involved with mafia bosses. Rama responded to these insinuations by saying Ahmetaj ‘should not be taken seriously. Albanian politics is not tainted by the mafia,’ Balkanweb reported.

The U.S. has funded efforts for judicial reforms in Albania to aid its efforts toward accession into the European Union by cutting down on corruption. However, those reforms have led to legal backlogs that have drawn frustration and violence from the public.

Nesho said ‘it is hard to see how a government that behaves like a banana republic gains accession to the EU.’ He said, ‘Albania is a living contradiction in terms of law and order.’ 

While Nesho says Rama’s opposition has been ‘decimated by ‘lawfare’ and the compromising of legal institutions,’ Rama remains in office despite ‘documented multibillion-dollar corruption scandals, documented electoral thefts across multiple voting cycles, and, most concerning, documented links to international drug cartels like the Sinaloa Cartel.’

Allegations that Rama is linked to the Sinaloa Cartel emerged after the prime minister met with Sinaloa-connected Luftar Hysa, who is sanctioned by the U.S. Department of Treasury. Rama told an Albanian news outlet he met with Hysa just once.

With Balluku’s removal, Nesho says ‘public anger is directed not only at [her] but also at the irresponsible conduct of a regime that rules without accountability, abuses public property and finances, and faces no consequences despite society’s reaction.’ 

Nesho said many in the country have given the prime minister the nickname ‘Ramaduro,’ saying it’s ‘a direct comparison to the Venezuelan dictator Nicolás Maduro.’

Rama’s press office told Fox News Digital it declined to comment on Nesho’s allegations against him.

In May 2021, the State Department sanctioned former Prime Minister Sali Berisha over corruption allegations, which forbade him from traveling to the U.S. Fox News Digital asked the State Department whether it had plans to issue similar sanctions against Balluku.

A State Department spokesperson told Fox News Digital, ‘We have no comment on ongoing legal matters.’

The U.S. Embassy in Tirana issued the same response to Fox News Digital when asked whether it would suspend Balluku’s visa as a result of her removal from office.

This post appeared first on FOX NEWS

The Trump administration’s latest offensive move against Venezuela, the seizure of a tanker carrying U.S.-sanctioned oil, has triggered predictable outrage from Venezuelan President Nicolás Maduro’s government. 

But behind the rhetorical fire, analysts say the regime has few practical ways to hit back without doing even more damage to itself.

Experts say that Maduro could target U.S. oil interests in Venezuela, but doing so would almost certainly inflict more pain on his own cash-starved regime than on the United States.

Maduro could also halt U.S.-chartered deportation flights, but again, would be harming his own interests, experts say. 

‘Venezuelans are just leaving the country because of the terrible conditions the regime has created,’ said Connor Pfeiffer, a Western Hemisphere analyst at FDD Action. ‘By having people come back, even if they’re on U.S. charter deportation flights, it kind of counters that narrative.’

Western oil firms have significantly decreased their presence in Venezuela, home to world’s largest proven oil reserves, in recent years due to sanctions. 

But U.S.-owned Chevron does still maintain a license to operate there, on the condition that the Maduro regime does not financially benefit from its operations. Instead, Chevron hands over to Maduro half of its oil production as payment, according to multiple reports.

‘Chevron’s operations in Venezuela continue in full compliance with laws and regulations applicable to its business, as well as the sanctions frameworks provided for by the U.S. government,’ a Chevron spokesperson told Fox News Digital.  

Imports of Venezuelan crude have declined to roughly 130,000 barrels per day (bpd) to 150,000 bpd in recent months, below the nearly 300,000 bpd seen under the prior petroleum licensing regime under the Biden administration. Most of Venezuela’s exports are now routed to Asia, with the bulk ultimately landing in China through intermediaries, according to data from Kplr. 

Despite that flow of crude, analysts say the idea of Caracas striking back at Chevron is more potent as a talking point than as a viable policy option.

Shutting down or seizing the company’s operations would instantly cut off one of the few lifelines still feeding Venezuela’s collapsing oil sector. It also would risk triggering a swift and politically difficult American response, including a full reinstatement of the sanctions relief the regime has quietly relied on.

Pfeiffer noted that the Maduro government has been ‘very supportive of Chevron continuing to operate’ because the arrangement provides tens of thousands of barrels a day of oil with minimal investment from Venezuelan-owned Petróleos de Venezuela, S.A. Other analysts say that reality sharply limits Maduro’s room to maneuver: any attack on Chevron would strike at his own revenue stream first.

Another theoretical lever — military or maritime escalation — is widely viewed as even less credible. Venezuela has taken delivery of small Iranian-built fast attack craft equipped with anti-ship missiles, a fact that has fueled speculation Maduro could threaten U.S. or allied vessels.

But Venezuela’s navy suffers from years of maintenance failures and lacks the ability to sustain operations against American forces deployed in the Caribbean. Any aggressive move at sea would almost certainly invite a U.S. military response the regime is in no position to absorb.

Diplomatically, Caracas could suspend remaining channels with Washington, or file legal challenges in U.S. courts or international forums. Yet previous efforts to contest sanctions-related seizures have gone nowhere, and Venezuela’s relationships in the hemisphere offer limited leverage. 

Regional bodies have little sway over U.S. sanctions law, and even supportive governments in Russia, China, or Iran are unlikely to intervene beyond issuing critical statements. Beijing, now the primary destination for Venezuelan crude, has economic interests at stake but few practical avenues to challenge U.S. enforcement actions.

Absent direct military strikes, cracking down on sanctioned oil exports is one of the most potent ways the U.S. can weaken the regime, according to Pfeiffer. 

‘This is one of his main sources of revenue keeping the regime afloat.’

This post appeared first on FOX NEWS

The State Department is so far refusing to comment on a growing corruption crisis engulfing the Balkan nation of Albania — a vital U.S. ally in the region. 

Following an Albanian court’s decision to remove Deputy Prime Minister Belinda Balluku from her position on allegations she interfered in two construction bids, socialist Prime Minister Edi Rama took the issue to the country’s Constitutional Court, which on Friday reinstated her until a ‘final decision’ could be made, according to media reports.

The Special Anti-Corruption and Organized Crime Structure (SPAK) issued a criminal indictment against Balluku on Oct. 31, alleging that she had been improperly influenced in her decision to favor one company in a tender for the construction of a 3.7-mile tunnel in southern Albania, Reuters reported. SPAK delivered an additional charge for violating rules in a Tirana road construction project on Nov. 21, the date when Balluku was removed from office.

The day prior to her November court appearance, Balluku told the country’s parliament that the accusations against her constituted ‘mudslinging, insinuations, half-truths and lies.’

As the second member of Rama’s cabinet to face corruption accusations since 2023, her charges have drawn the ire of Rama opponents.

Agim Nesho, former Albanian ambassador to the U.S. and the United Nations, told Fox News Digital that Balluku’s case demonstrates ‘the Rama government shows no sign of assuming moral responsibility or allowing justice the space to act independently. Instead, it appears intent on shielding Ms. Balluku, portraying the judiciary’s actions as an attack on the executive.’

Tirana’s ex-ambassador to Washington argued that ‘influencing the Constitutional Court may be an attempt to set a protective precedent — one that could prove useful if investigators ever seek to involve Mr. Rama himself in their investigations.’

‘It’s becoming increasingly clear that the emperor has no clothes, Nesho said, adding that Rama’s rule has amounted to ‘state capture’ as the ‘lack of checks and balances has enabled a recurring system of corruption across multiple of his terms.’

Nesho also claimed that Balluku had pointed to broader involvement of the Rama government in decision-making. Former Deputy Prime Minister Arben Ahmetaj, who went on the run after coming under SPAK investigation, has likewise alleged that Rama ‘directed all key decisions on tenders, finances, and public assets,’ according to Nesho’s claims.

Ahmetaj’s accusations included allegations that Rama is involved with mafia bosses. Rama responded to these insinuations by saying Ahmetaj ‘should not be taken seriously. Albanian politics is not tainted by the mafia,’ Balkanweb reported.

The U.S. has funded efforts for judicial reforms in Albania to aid its efforts toward accession into the European Union by cutting down on corruption. However, those reforms have led to legal backlogs that have drawn frustration and violence from the public.

Nesho said that ‘it is hard to see how a government that behaves like a banana republic gains accession to the E.U.’ He said that ‘Albania is a living contradiction in terms of law and order.’ While Nesho says Rama’s opposition has been ‘decimated by ‘lawfare’ and the compromising of legal institutions,’ Rama remains in office despite ‘documented multi-billion-dollar corruption scandals, documented electoral thefts across multiple voting cycles, and, most concerning, documented links to international drug cartels like the Sinaloa Cartel.’

Allegations that Rama is linked to the Sinaloa Cartel emerged after the prime minister met with Sinaloa-connected Luftar Hysa, who is sanctioned by the U.S. Department of Treasury. Rama told an Albanian news outlet that he met with Hysa just once.

With Balluku’s removal, Nesho says that ‘public anger is directed not only at [her] but also at the irresponsible conduct of a regime that rules without accountability, abuses public property and finances, and faces no consequences despite society’s reaction.’ Nesho said many in the country have given the prime minister the nickname ‘Ramaduro,’ saying it’s ‘a direct comparison to the Venezuelan dictator Nicolás Maduro.’

Rama’s press office told Fox News Digital that it declined to comment on Nesho’s allegations against him.

In May 2021, the State Department sanctioned former Prime Minister Sali Berisha over corruption allegations, which forbade him from traveling to the U.S. Fox News Digital asked the State Department whether it had plans to issue similar sanctions against Balluku.

A State Department spokesperson told Fox News Digital, ‘We have no comment on ongoing legal matters.’

The U.S. Embassy in Tirana issued the same response to Fox News Digital when asked whether it would suspend Balluku’s visa as a result of her removal from office.

This post appeared first on FOX NEWS

DOJ files misconduct complaint against federal judge James Boasberg

James Boasberg, the chief judge of the United States District Court for the District of Columbia and a Biden appointee, is a judicial disgrace. Boasberg’s recent rulings show he is unfit for the bench.

His repeated abuse of judicial power, whether undermining national security, releasing violent threats, or enabling unlawful surveillance, demonstrates a blatant disregard for the Constitution and a dangerous partisan agenda that disqualifies him from holding a lifetime appointment.

The time has come for the House of Representatives to do its job and impeach him.

The Constitution fixes the term of service for a judge as ‘during good Behaviour.’ The Constitution also dictates that impeachment is proper for ‘high crimes and misdemeanors.’  House Democrats in 2020 argued an official can get impeached for an abuse of power even without a statutory crime, setting an important precedent. The Constitution draws no distinction between the requirements for impeaching Executive Branch and Judicial Branch officials. What is good for the Executive Branch goose is just as good for the Judicial Branch gander, so the House should not hesitate to pursue a judicial impeachment.

Boasberg’s first act of misconduct occurred during a judicial conference. During the earliest stages of President Trump’s second term, Boasberg expressed the view to Chief Justice John Roberts that President Trump would not follow court orders. The President has not violated a court order. Boasberg’s claim had no basis and was plainly partisan. Boasberg baselessly told Chief Justice Roberts that Trump wouldn’t follow court orders, an unfounded partisan claim that undermines any expectation of impartiality.

Tren de Aragua is a barbaric international state-sponsored terrorist organization from Venezuela. MS-13 is an animalistic gang based in El Salvador.  Thousands of these gang members have come to the United States and perpetrated horrific acts. In March, the Trump administration deported hundreds of these barbarians to El Salvador, where they were sent to a maximum security prison. Boasberg issued a highly illegal and dangerous order directing the government to turn around planes as they were in international airspace, flying over the Gulf of America. In doing so, Boasberg exposed an ongoing military operation and gave an order that could have endangered Americans.

Why would we have security in place in the United States to deal with an unexpected influx of hundreds of dangerous terrorist, because some rabidly partisan judge just illegally opened his courtroom and stunningly attempted to sabotage an ongoing military operation? Rather, the security footprint was in El Salvador—hundreds of military, intel, and law-enforcement officials—where the terrorists were expected to land. There was also a serious risk to the personnel on the planes, given that they had a limited fuel supply and were in the middle of the Gulf of America. Boasberg showed a blatant disregard for these serious risks in issuing a highly illegal and dangerous order that he lacked jurisdiction to give.

The planes landed in El Salvador, and Boasberg began contempt proceedings. Even after a D.C. Circuit panel rejected his reasoning, Boasberg pressed ahead, ordering the administration to detail its deliberations that March day. The Justice Department is objecting, asserting that Boasberg is violating the foundational principle of separation of powers by having executive branch officials illegally divulge privileged internal discussions.

Moreover, Boasberg played a key role in Operation Arctic Frost—one of the most dangerous spy scandals in our history. Biden Special Counsel Jack Smith, a political scud missile sent to take out President Trump via lawfare with the full blessing of Biden and his Justice Department, subpoenaed the phone records of nearly a dozen U.S. senators. Boasberg issued a gag order preventing the phone companies from disclosing the information for a year. With no basis, he reasoned that disclosure could lead to destruction of evidence and witness intimidation. The relevant statute, 2 U.S.C. § 6628, explicitly requires disclosure to the Senate when such spying occurs. Boasberg now is attempting to weasel his way out of this jam, claiming that he did not know that Smith was seeking the senators’ records. Either Boasberg is lying, or he was an illegal rubber stamp who signed whatever Smith put under his nose. It is disgraceful, and Boasberg, citing the same separation-of-powers claim that the Justice Department is using in the contempt proceeding, refused to testify before the House Judiciary Committee last week.

Finally, Boasberg has shown a flippant concern for the security of President Trump. Nathalie Rose Jones is a deeply disturbed woman. She made a social media post threatening to disembowel President Trump. She admitted to the post when the Secret Service visited her. Then, Jones attended a protest and was spotted near the White House carrying a knife. Authorities arrested her, and even Democrat-appointed U.S. Magistrate Judge Moxila Upadhyaya, exercising the most basic level of common sense, ordered her held without bail. Then, Boasberg stepped in and overruled Upadhyaya, releasing Jones to go home with an electronic monitor.

Boasberg has not simply issued a ruling with which conservatives disagree. Boasberg instead has engaged in a pattern of impeachment-worthy behavior—extremely lawless and dangerous partisan rulings—that shows no signs of ending. He is bolder than ever, refusing to testify before Congress and proceeding merrily along with his absurd contempt vendetta. The House disgraced itself with two impeachments of President Trump. It is time for the House to redeem itself by bringing reason back to the impeachment process. Boasberg is a more-than-worthy candidate, and the House should impeach him before they go home for the year.

This post appeared first on FOX NEWS

Rio Silver Inc. (the ‘Company’ or ‘Rio Silver’) (TSX.V: RYO,OTC:RYOOF) (OTC: RYOOF) announces that, following regulatory approval, the closing of the previously-announced transaction (the ‘Transaction’) with Peruvian Metals Corp. (‘Peruvian’) to acquire 100% of the issued and outstanding common shares of Mamaniña Exploraciones S.A.C. (the ‘Subsidiary’), a Peruvian corporation, which holds mining rights in the Maria Norte project (the ‘Maria Norte Property’) located in Peru. The details and the terms of the Transaction are summarized in the Company’s previous press releases on March 26, June 25 and September 17, 2025.

Pursuant to the terms of the Transaction, on closing, Rio Silver has acquired from Peruvian 100% of the issued and outstanding common shares of the Subsidiary. In consideration, Rio Silver issued to Peruvian 3,999,999 common shares of the Company, representing 9.27 of the Company’s issued and outstanding share capital (accounting for the recent 5:1 share consolidation completed on July 3, 2025), and, in addition, under the terms of the Transaction, the Company is required to pay an aggregate of US$250,000 by making semi-annual payments to Peruvian over a period of five years commencing on June 15, 2025. To date, the Company has made the following cash payments (i) CDN$15,000 upon signing; (ii) US$22,500 upon an amendment; and (ii) US$25,000 option payment on June 15, 2025, resulting in US$225,000 payable in remaining option payments.

A geological report prepared in accordance with National Instrument 43-101 in respect of the Maria Norte Property will be filed at the Company’s profile on SEDAR+.

ON BEHALF OF THE BOARD OF DIRECTORS OF Rio Silver INC.

Chris Verrico
Director, President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information,

Christopher Verrico, President, CEO
Tel: (604) 762-4448
Email: chris.verrico@riosilverinc.com
Website: www.riosilverinc.com

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. 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 or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required by applicable laws.

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News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

(TheNewswire)

Spartan Metals Corp.

Vancouver, Canada, December 12, 2025 TheNewswire – Spartan Metals Corp. (‘ Spartan ‘ or the ‘ Company ‘) (TSX-V: W | OTCQB: SPRMF | FSE: J03) announces, effectively immediately, it has terminated the previously announced (November 17, 2025) investor relations agreement with ValPal Management Consultancy.

About Spartan Metals Corp.

Spartan Metals is focused on developing critical minerals projects in well-established and stable mining jurisdictions in the Western United States, with an emphasis on building a portfolio of diverse strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic.

Spartan’s flagship project is the Eagle Project in eastern Nevada that consists of the highest-grade historic tungsten resource in the USA (the past-producing Tungstonia Mine) along with significant under-defined resources consisting of: high-grade rubidium; antimony; bismuth; indium; as well as precious and base metals. More information about Spartan Metals can be found at www.SpartanMetals.com

On behalf of the Board of Spartan

‘Brett Marsh’

President, CEO & Director

Further Information:

Brett Marsh, M.Sc., MBA, CPG

President, CEO & Director

1-888-535-0325

info@spartanmetals.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

2025 is drawing to a close, and silver seems determined to end the year with a bang.

The white metal’s breakout continued this week, with the price crashing through US$60 per ounce and continuing on up, even briefly passing US$64. It ultimately finished at just under US$62.

Year-to-date silver is now up over 110 percent, far outpacing gold’s gain of about 63 percent.

Its latest rise kicked off on November 28, the same day the Comex experienced an outage that lasted about 10 hours. Since then, positive drivers have continued to pile up.

Chief among them this week was the most recent interest rate reduction from the US Federal Reserve. As was widely expected, the central bank made a 25 basis point cut at its meeting, which wrapped up on Wednesday (December 10), taking the target range to 3.5 to 3.75 percent.

Both silver and gold tend to fare better in lower-rate environments, and while gold remains below its all-time high, it retook the US$4,300 per ounce level this week.

Key Fed meeting takeaways

It’s worth noting that although the Fed’s cut went through, three out of 12 officials voted against it, a situation that hasn’t happened since September 2019. Two wanted rates to stay the same, while Governor Stephen Miran was calling for a 50 basis point reduction.

Miran took his spot on the Fed’s Board of Governors in September after being nominated by President Donald Trump, who has been critical of the Fed — and Chair Jerome Powell in particular — for not lowering rates as quickly as he would like. Powell’s term ends in May 2026, and it’s anticipated that his replacement will follow Trump’s vision. Kevin Hassett of the National Economic Council is said to be a strong contender, with 84 percent of respondents to a CNBC survey saying they think it will be him.

While the Fed’s rate decision was in focus this week, market watchers are also closely eyeing its post-meeting statement, as well as press conference comments from Powell, to figure out what the central bank’s policy will look like heading into the new year and beyond.

The latest dot plot shows that Fed officials expect only one rate cut in 2026, plus another in 2027. That’s unchanged from projections made in September, but experts have pointed out that the dot plot also highlights the growing divide between Federal Open Market Committee members.

Another important facet is the news that the Fed will start buying short-dated bonds as of Friday (December 12), with an initial round involving purchasing US$40 billion worth of treasuries per month. This move comes after the end of quantitative tightening measures on December 1, and is being looked at as a step in the direction of quantitative easing.

‘This is basically another way of saying quantitative easing, and we’re going to continue to print money,’ said David Erfle of Junior Miner Junky. ‘The Federal Reserve is in a situation where, ‘Hey, we’ve got to continue to issue new debt to pay off the old debt.’ So now the yield curve is going to steepen as the Fed pivots toward these treasury bills, and private investors are going to have to absorb more duration risk. So basically, this means loose monetary conditions are on the way, and that’s positive for both gold and especially now silver.’

Will the silver price keep rising?

With that in mind, what exactly is next for the silver price?

I’ve been asking guests on our channel where the metal goes from here, and many have said it’s becoming harder and harder to predict as silver enters uncharted territory.

Peter Krauth of Silver Stock Investor and Silver Advisor said that a ‘relatively conservative’ outlook for 2026 would be US$70. However, he also emphasized that higher levels are possible:

‘It’s taken 45 years for (silver) to finally break out through that US$50 level. And so we’re in uncharted waters, uncharted territory, and this being the kind of market that we’re in — fundamentally, as well as macroeconomically, as well as geopolitically — I think odds are silver is going to continue to climb higher.

‘And I think it’s going to convert a lot of doubters into into believers that silver is going to go on setting new record highs, and that it’s still relatively early in this market. We’re going to see it perform very, very well for several more years.’

For his part, Erfle weighed in on upside and downside for silver, outlining how the precious metal could get close to the US$100 level. Here’s what he said:

‘If you consider the supply/demand fundamentals, this is a fifth year of a supply deficit in silver, which has constantly been outpacing supply.

‘All these forces have converged to take the silver price so much higher, and looking at upside targets, the next target is the US$66, US$68 area, and then US$80 to US$83 if the momentum continues into January. But the long-term measured target of the cup-and-handle breakout is US$96.’

I’ll be having more conversations about silver next week with experts like Gareth Soloway, John Rubino and John Feneck, so drop a comment on our YouTube channel if you have any questions.

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

This post appeared first on investingnews.com

GOP House Oversight Committee Chairman James Comer said he plans to commence contempt of Congress proceedings against Bill and Hillary Clinton for ignoring the committee’s subpoenas related to its ongoing probe into the Jeffrey Epstein scandal. 

In July, a bipartisan House Oversight Subcommittee approved motions to subpoena Bill and Hillary Clinton and a slew of other high-profile political figures to aid its investigation looking into how the federal government handled Epstein’s sex trafficking case. 

The subpoenas were then sent out in early August, and the Clinton’s were scheduled to testify Dec. 17-18. 

‘It has been more than four months since Bill and Hillary Clinton were subpoenaed to sit for depositions related to our investigation into Jeffrey Epstein and Ghislaine Maxwell’s horrific crimes. Throughout that time, the former president and former secretary of state have delayed, obstructed, and largely ignored the committee staff’s efforts to schedule their testimony,’ Comer said in a press release issued Friday evening.

‘If the Clintons fail to appear for their depositions next week or schedule a date for early January, the Oversight Committee will begin contempt of Congress proceedings to hold them accountable.’

Comer’s threats come as Democrats from the House Oversight Committee released a new batch of photos obtained from Epstein’s estate, which included further images of the disgraced financier with powerful figures like President Donald Trump and former President Bill Clinton. Thousands of images were reportedly released, with potentially more to come.

Other high-profile figures subpoenaed by the Oversight Committee include James Comey, Loretta Lynch, Eric Holder, Merrick Garland, Robert Mueller, William Barr, Jeff Sessions and Alberto Gonzales.

In addition to testimony from these individuals, Comer and the Oversight Committee issued subpoenas to the Department of Justice (DOJ) for all documents and communications pertaining to the case against Epstein.

In September, the committee released tens of thousands of pages of Epstein-related records in compliance with the subpoena, and the Oversight Committee indicated the DOJ would continue producing even more records as it works through needed redactions and other measures that must occur before they are released.

This post appeared first on FOX NEWS

Sun Summit Minerals Corp. (TSXV: SMN,OTC:SMREF) (OTCQB: SMREF) (‘Sun Summit’ or the ‘Company’) is pleased to announce that, due to significant investor demand, it has increased the maximum gross proceeds of its previously announced non-brokered private placement (the ‘Private Placement’) from $7 million to $11.5 million. The Private Placement includes a combination of: (i) charity flow-through common shares in the capital of the Company (each, a ‘Charity FT Share’) at a price of $0.14 per Charity FT Share; and (ii) non-flow-through common shares in the capital of the Company (each, an ‘NFT Share’, and together with the Charity FT Shares, the ‘Securities’) at a price of $0.10 per NFT Share. Each Charity FT Shares will qualify as a flowthrough share within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the ‘Tax Act’).

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

‘We are very grateful for the major support we have received from high quality institutional and mining focused investors in this capital raise. This capital will fully fund our 2026 exploration program and help accelerate our progress towards an initial mineral resource estimate at JD,’ said Niel Marotta, Chief Executive Officer of Sun Summit.

The closing of the Private Placement is subject to certain closing conditions, including the approval of the TSX Venture Exchange (the ‘TSXV‘). The Company may pay finder’s fees in cash or securities to certain arm’s length finders (each, a ‘Finder‘) engaged in connection with the Private Placement, subject to the approval of the TSXV. Eventus Capital Corp. has been appointed as a Finder in connection with the Private Placement. The Securities issued pursuant to the Private Placement will be subject to a four-month hold period in accordance with applicable securities laws.

The Securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Securities in any State in which such offer, solicitation or sale would be unlawful.

About Sun Summit

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

Further details are available at www.sunsummitminerals.com.

On behalf of the board of directors

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

For further information, contact:

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

Forward-Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management’s assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as ‘anticipate’, ‘will’, ‘expect’, ‘may’, ‘continue’, ‘could’, ‘estimate’, ‘forecast’, ‘plan’, ‘potential’ and similar expressions. Forward-looking statements contained in this press release may include, but are not limited to, the use of proceeds of the Private Placement, the tax treatment of the Charity FT Shares, the terms and completion of the Private Placement, the payment of finder’s fees and obtaining regulatory approval, including approval of the TSXV, for the Private Placement, and the sufficiency of the gross proceeds of the Private Placement to fully fund the Sun Summit’s 2026 exploration plans, and to accelerate its progress towards an initial mineral resource estimate at the JD Property. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, without limiting the generality of the following, include: the state of the equity financing markets in Canada and other jurisdictions; the receipt of regulatory approval; volatility and sensitivity to market prices; changes in tax legislation; fluctuations in metal prices; and other exploration, development, operating, financial market and regulatory risks. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. Except as required by applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

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InMed Pharmaceuticals Inc. (NASDAQ: INM) (‘InMed’ or the ‘Company’), a pharmaceutical company focused on developing a pipeline of proprietary small molecule drug candidates for diseases with high unmet medical needs, today released the following statement.

Recently, H.R. 5371, the ‘Continuing Appropriations, Agriculture, Legislative Branch, Military Construction and Veterans Affairs, and Extensions Act, 2026’ (the ‘Act‘) was signed into law.

The Company has been evaluating the impact of the Act with its advisors and believes that the Act, in its current form and without further amendment, will have a material negative impact on BayMedica Inc. (‘BayMedica‘), a subsidiary of the Company. Specifically, certain aspects of BayMedica’s commercial business and its inventory of rare, non-intoxicating cannabinoids would be prohibited under the Act if it comes into force on November 12, 2026, in its current form. BayMedica is evaluating the potential of creating alternative supply chain options in order to maintain continued regulatory compliance.

InMed Remains Focused on Core Pharmaceutical Programs

Despite the potential impact of the Act on BayMedica’s commercial operations, the new legislation does not affect InMed’s pharmaceutical drug development programs, which operate within the traditional drug approval pathway under FDA guidance. InMed remains fully committed to advancing its core pharmaceutical business. The Company continues to progress INM-901 for the treatment of Alzheimer’s disease and INM-089 for the treatment of age-related macular degeneration (AMD).

InMed’s Evaluation of Potential Impact of Act on BayMedica

It is unknown to the Company whether the sections of the Act that would impact BayMedica will ultimately go into effect on November 12, 2026, or at all, or if those sections will be replaced, impacted or amended by subsequent acts of U.S. policymakers. The Company notes that this one-year window leading to November 2026 affords policymakers, the broader industry and the Company time to evaluate the regulatory framework and the implications of the Act in its current form to consider potential legislative remedies, regulatory clarifications, and additional stakeholder engagement. The Company supports a balanced, science-based regulatory approach that promotes consumer safety while preserving responsible access to non-intoxicating cannabinoid products.

BayMedica is evaluating alternative options and, in the meantime, is continuing to operate its business in the normal course as the Act is not currently scheduled to come into force until November 2026. BayMedica has not set a timetable for the conclusion of its evaluation, nor has it made any definitive decisions related to any potential alternative options at this time.

You should review this press release together with the Risk Factors, Management’s Discussion and Analysis of Financial Condition and Results of Operations and the consolidated financial statements and footnotes in the Company’s latest Annual, Quarterly and Other Reports filed with the Securities and Exchange Commission for a discussion of BayMedica’s contribution to the Company’s consolidated financial results and balance sheet that could be negatively impacted if the Act comes into force in its current form.

About InMed

InMed Pharmaceuticals is a pharmaceutical drug development company focused on developing a pipeline of proprietary small molecule drug candidates targeting the CB1/CB2 receptors. InMed’s pipeline consists of three separate programs in the treatment of Alzheimer’s, ocular and dermatological indications. For more information, visit www.inmedpharma.com.

Investor Contact:
Colin Clancy
Vice President, Investor Relations
and Corporate Communications
T: +1.604.416.0999
E: ir@inmedpharma.com

Cautionary Note Regarding Forward-Looking Information:

This news release contains ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking information’) within the meaning of applicable securities laws. Forward-looking information is based on management’s current expectations and beliefs and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Without limiting the foregoing, forward-looking information in this news release includes, but is not limited to, statements about the Act, the impact of the Act on BayMedica, any potential modifications to the Act and/or the timing thereof and the alternative options available to BayMedica and the Company.

With respect to the forward-looking information contained in this news release, InMed has made numerous assumptions regarding, among other things: its ability to obtain all necessary regulatory approvals on a timely basis, or at all, potential U.S. legislative changes and developments, if any; and continued economic and market stability. While InMed considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause InMed’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. A complete discussion of the risks and uncertainties facing InMed’s stand-alone business is disclosed in InMed’s Annual Report on Form 10-K, InMed’s Quarterly Report on Form 10-Q and other filings with the Security and Exchange Commission on www.sec.gov.

All forward-looking information herein is qualified in its entirety by this cautionary statement, and InMed disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

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