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Apollo Silver Corp. (‘ Apollo ‘ or the ‘ Company ‘) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce the results of an updated independent Mineral Resource estimate (‘MRE’) for its Calico Silver Project (‘Calico’ or the ‘Calico Project’) located in San Bernardino County, California. Total silver (‘Ag’) Measured & Indicated (‘M&I’) tonnes at the Waterloo property have increased by 61% to a total of 55 million tonnes (‘Mt’) at a grade of 71 grams per tonne (‘gt’) Ag for a total content of 125 million troy ounces (‘Moz’). This represents a 14% increase in Ag ounces compared to the previous MRE (dated March 6, 2023). In addition to updating the gold resource at Waterloo, inaugural barite (‘BaSO4’) and zinc (‘Zn’) resources have been included in both the Indicated and Inferred categories.

News Highlights

New combined Measured and Indicated total of 55 Mt at a grade of 71 g/t Ag for a total of 125 Moz Ag
- 61% increase in tonnage and a 14% increase in Ag ounces representing an increase of 15 Moz contained Ag
Inferred total of 0.6 million tonnes at a grade of 26 g/t Ag for a total of 0.51 Moz contained Ag
Sensitivity analyses show resiliency of the Ag resource to changes in metal price
Inaugural BaSO ₄ and Zn resources are estimated as:
- Indicated: 36 Mt @ 7.4% BaSO ₄ and 0.45% Zn for a total content of 2.7 Mt BaSO ₄ and 354 million pounds (‘Mlbs’) Zn
- Inferred: 17 Mt @ 3.9% BaSO ₄ and 0.71% Zn for a total content of 0.65 Mt BaSO ₄ and 258 Mlbs Zn
Gold ounces have increased by 86% in the Inferred category for a new total of 17 Mt at a grade of 0.25 g/t Au and total Au content of 0.13 Moz
One single pit for all metals at Waterloo deposit with a low strip ratio of 0.8:1
The increased quantities of Ag and Au, the addition of two new critical minerals, and the larger single pit with low strip ratio has derisked the Calico Project

Further Growth Opportunities

Silver : There remain further opportunities to expand the Ag mineralization below the base of the 2025 MRE in the northern region of the Waterloo deposit.
Barite and Zinc : The indicated and inferred mineral resources for BaSO ₄ and Zn show clear potential to be upgraded into M&I via infill drilling and re-assays.
Gold : Mineralization remains open along strike and at depth. Future work will target additional mineralization along strike with a particular focus on the high-grade structures.
Langtry Property : Many areas under the Quaternary cover remain untested. In addition, the potential for BaSO ₄ and other metals have not yet been evaluated in detail at Langtry.

Ross McElroy, President and CEO for Apollo, commented: ‘ The Calico Project continues to increase in value, scale and optionality. Already boasting one of the largest undeveloped silver deposits in the US, new data confirms the presence of additional minerals, such as barite and zinc, which are included on the US critical mineral list. These findings will contribute to our project development plans, including an upcoming Preliminary Economic Assessment (PEA). Notably, much of the mineralization occurs at shallow depths, resulting in a low economic strip rate. With a substantial land position, there is strong potential for further discoveries at Calico. ‘

CALICO PROJECT 2025 MINERAL RESOURCE ESTIMATE

The 2025 MRE focused on upgrading and expanding the Waterloo resource estimate from that declared in 2023 (see news release dated March 6, 2023). The most significant change in the 2025 MRE is the addition of BaSO4 and Zn to the Ag and Au mineral resources for the Waterloo deposit and updated mineral resource estimate cut-off (‘COG’) grades for both the Waterloo and Langtry deposits. The Waterloo MRE now contains 125 Moz Ag in 55 Mt at an average grade of 71 g/t Ag in M&I categories, and 0.51 Moz Ag in 0.6 Mt at an average grade of 26 g/t Ag in the Inferred category. The Langtry MRE now contains 57 Moz Ag in 24 Mt at an average grade of 73 g/t Ag in the Inferred category.

In addition to its robust Ag resource, the Waterloo resource now contains 2.7 Mt BaSO4 and 354 Mlbs Zn in 36 Mt at an average grade of 7.4 % BaSO4 and 0.45 % Zn in the Indicated category, and 0.65 Mt BaSO4 and 258 Mlbs Zn in 17 Mt at an average grade of 3.9 % BaSO4 and 0.71 % Zn in the Inferred category. Also, 0.13 Moz oxide Au contained in 17 Mt at an average grade of 0.25 g/t Au in the Inferred category. Oxide Au mineralization has been drilled over 1,000 m strike length and remains open in multiple directions. Figures 1 and 2 present the mineral resource block model grade and classification for each of the metals, respectively.

Mineralization at Waterloo and Langtry is shallow and shows high continuity along the 1.8 km long strike length at Waterloo and 1.25 km at Langtry of the deposit. The 2025 MRE is calculated to a maximum open pit depth of approximately 192 m (630 ft) at Waterloo and approximately 149 m (490 ft) at Langtry for all metals. An open pit optimization is used to determine reasonable prospects for economic extraction, the calculated waste to mineralization tonnage ratio for the total resource at Waterloo is 0.8:1and 2.8:1 at Langtry.

Table 1: Calico Project 2025 MRE. Effective June 30, 2025.

Precious Metals
Deposit	Metal	Class	Cutoff	Imperial Units			Metric Units			Contained Metal
			Grade	Volume (Myd ³ )	Tons	Grade	Volume (Mm ³ )	Tonnes	Grade	Moz
			(g/t)	Volume (Myd ³ )	(Mst)	(oz/st)	Volume (Mm ³ )	(Mt)	(g/t)	Moz
Waterloo ¹	Silver	Measured	AgEQ ≥ 47	23	48	2.2	18	43	75	104
		Indicated		6.3	13	1.7	4.8	12	57	21
		Measured + Indicated		29	61	2.1	22	55	71	125
		Inferred		0.32	1.0	0.77	0.25	0.60	26	0.51
	Gold	Inferred	AgEQ ≥ 47	5.3	11	0.01	4.1	10	0.2	0.07
		Inferred	AgEQ	3.6	7.5	0.01	2.8	6.8	0.3	0.06
		Inferred Total		8.9	18.4	0.01	6.9	17	0.25	0.13

*Langtry ²*	Silver	Inferred	Ag ≥ 43	13	27	2.1	9.9	24	73	57

Base and Industrial Metals
Deposit	Metal	Class	Cutoff	Imperial Units			Metric Units			Contained Metal
			Grade	Volume (Myd ³ )	Tons	Grade	Volume (Mm ³ )	Tonnes	Grade	Mlbs	Mt
			(g/t)	Volume (Myd ³ )	(Mst)	(%)	Volume (Mm ³ )	(Mt)	(%)	Mlbs	Mt
Waterloo ¹	Barite	Indicated	AgEQ ≥ 47	19	40	7.4	15	36	7.4	–	2.7
	Barite	Inferred	AgEQ ≥ 47	8.9	18	3.9	6.8	17	3.9	–	0.65
	Zinc	Indicated	AgEQ ≥ 47	19	40	0.45	15	36	0.45	354	–
	Zinc	Inferred	AgEQ ≥ 47	8.9	18	0.71	6.8	17	0.71	258	–

Ounces reported as troy ounces.
Base-case resource estimate reported in Table 1 using 47 g/t Ag equivalent (‘AgEQ’) and 0.17 g/t Au cut-off grades for Waterloo and 43 g/t Ag for Langtry.
CIM definitions are followed for classification of the mineral resource.
For the Waterloo Property, a AgEQ cut-off grade was calculated using the following variables: surface mining operating costs (US$2.8/st), processing costs plus general and administrative cost (US$26.5/st), Ag price (US$28/oz), BaSO ₄ price (US$120/t), Zn price (US$1.22/lb), Au price (US$2,451/oz), and metal recoveries (Ag 65%, Au 80%, BaSO ₄ 85%, Zn 80%). For the Waterloo Property gold-only resources the Au cut-off grade was calculated using above Au price, Au recovery and gold-only processing costs plus general and administrative cost (US$8.2/st).
For the Langtry Property, a silver-only equivalent cut-off grade was calculated using above Ag price, Ag recovery and silver-only processing costs plus general and administrative cost (US$24/st).
Resources reported in Table 1 are constrained to within a conceptual economic pit shell targeting mineralized blocks within the specified cutoff grade limits shown in the table. Specific gravity for the mineralized zone is fixed at 2.44 t/m ³ (13.13 ft ³ /st). For the Waterloo Property only the following drillhole grades were capped prior to estimation: Ag 450 g/t, Au 2 g/t, Ba 31% and Zn 7%.
Totals may not represent the sum of the parts due to rounding.
^1,2 The 2025 MRE has been prepared by Derek Loveday, P. Geo., of Stantec Consulting Services Ltd., an independent Qualified Person, in co-operation with Mariea Kartick, P.Geo. (independent Qualified Person for drilling data QA/QC) and Johnny Marke P.G. (independent Qualified Person for resource estimation). The 2025 MRE was produced in conformance with NI 43-101. Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that any mineral resource will be converted into a mineral reserve.
No drilling was completed on the Waterloo Property and Langtry Property since the declaration of the 2023 MRE for Waterloo and 2022 MRE for Langtry. The 2025 MRE update accounts for changes in commodity prices, mining costs since 2022/2023, and barite testing of existing drill samples from the Waterloo Property.

Figure 1: Calico Project, 2025 Mineral Resource Block Model Grade

Figure 2: Calico Project, 2025 Mineral Resource Classification

Data Input

The 2025 MRE considered drilling information up to and including the most recently completed program in 2022, as well as geological information from Apollo’s 2021, 2022 and 2025 exploration activities. Drilling data supporting the 2025 MRE includes information from historic drilling data from 258 holes (18,679 m/61,282 ft), and 2022 drilling data from 85 holes (9,729 m/31,918 ft) for a total of 343 holes (28,407 m/93,199 ft). Nominal drill hole spacing is 30 x 46 m (100 x 150 ft) within the Measured portion of the 2025 MRE. Of the drill data set used, 332 holes are rotary or reverse circulation holes, and 11 holes are diamond drill holes.

For the 2025 MRE, additional re-assaying of 7,431 historical and recent drill pulps by X-Ray Fluorescence for barium (‘Ba’) and barium oxide (‘BaO)’) was completed or a total of 7,893 Ba samples used for estimation. The Ba as well as existing Zn assay (4-acid or aqua-regia) assay results were subject to a comprehensive quality assurance/quality control (‘QAQC’) program that was reviewed by Mariea Kartick, P.Geo. (Stantec), an independent ‘Qualified Person’ (or ‘QP’) as such term is defined within National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’). In addition, detailed surface mapping and rock sampling were completed in the Burcham area of the Waterloo Property. The mapping and sampling provided a better understanding of the extent of the Au mineralization at surface and within the Pickhandle Formation as well as helped refine orientations of high-angle gold-bearing structures in the geologic model.

No additional Ag and Au assay data was used for the 2025 MRE from that acquired for the 2023 MRE. Material changes in Ag and Au resource in the 2025 MRE from the 2023 MRE are due to changing economics from 2023 to 2025 and inclusion of BaSO4 and Zn in the overall resource for the Waterloo deposit. Verification of drilling exploration data used for the 2025 MRE was performed by Mariea Kartick, P.Geo. (Stantec), an independent QP.

Cut-Off Grade and Reasonable Prospects for Eventual Economic Extraction

For the Waterloo MRE two base-case cut-off grades are used. A silver equivalent (‘AgEQ’) cut-off grade of 47 g/t was calculated for a combined recovery of Ag, BaSO4, Zn and Au and where the combined mineralization of these metals was less than AgEQ COG, gold-only recovery were evaluated for a Au COG grade of 0.17 g/t. For Langtry silver-only recovery is considered for a lower Ag COG grade of 43 g/t. The above cut-off grades were determined using the following assumptions:

Silver price of US$28 per troy ounce, gold price of US$2,451 per troy ounce, barite price of US$120 per mt and zinc price of US$ 1.22 per pound
Combined metal (Ag, BaSO ₄ , Zn, Au) processing costs of US$26.5 per short ton;
Gold only processing cost of US$8.2 per short ton
Silver only processing cost of US$24 per short ton
Included in all processing costs are general and administrative costs of US$3 per short ton;
Mining costs of US$2.8 per short ton; and
Silver recovery of 65%, BaSO ₄ recovery of 85%, Zn recovery of 80% and Au recovery of 80%.

Metal recoveries are based on results from the 2022 Metallurgical Test Program (see news releases dated February 14, 2023, February 23, 2023 and May 2, 2023) and published recoveries for comparative operations. Silver, Zn and Au prices were calculated by averaging published monthly commodity prices from the last 24 months up to June 2025 based on data from the World Bank. Barite price was based on historical BaSO4 pricing trends from 2013 to 2023, the last year when publicly available barite pricing data was available. Changes in metal prices, optimized processing parameters and/or improved metal recoveries will all impact cut-off grade and any resultant MRE.

Reasonable prospects for eventual economic extraction were assessed by calculating recovered block revenues for silver grade blocks above cut-off grade, less surface mining costs, and generating an optimized Hexagon© MinePlan Pseudoflow economic pit shell at constant slope of 45 degrees that is constrained to within the property claim boundaries.

Sensitivity Analysis

A sensitivity analysis was undertaken to examine the impacts of varying the cut-off grades for AgEQ grades and tonnes for the Waterloo deposit within the base case economic pit shell and for Ag only grades and tonnes in the Langtry deposit. The available tonnes and average grade for each COG from within the 2025 MRE economic pit shell is shown in Table 2 for Waterloo and in Table 3 for Langtry.

Table 2: Sensitivity analysis of the grade and tonnage relationships at varying pit-constrained silver equivalent cut-off grades for the Waterloo Property. Effective June 30, 2025.

Classification	AgEQ COG (g/t)	Tonnes (Mt)	Average Ag Grade (g/t)	Strip Ratio (t:t)	Contained Silver (Moz)
Measured	≥ 35	49	67	0.6	109
	≥ 40	47	71	0.6	107
	≥ 47	43	75	0.8	104
	≥ 50	42	77	0.8	103
	≥ 55	39	79	0.9	100
	≥ 60	36	83	1.1	97
Indicated	≥ 35	14	52	0.6	23
	≥ 40	13	54	0.6	22
	≥ 47	12	57	0.8	21
	≥ 50	11	58	0.8	21
	≥ 55	10	61	0.9	20
	≥ 60	9.3	64	1.1	19
Inferred	≥ 35	0.8	23	0.6	0.6
	≥ 40	0.7	25	0.6	0.6
	≥ 47	0.6	26	0.8	0.5
	≥ 50	0.6	26	0.8	0.5
	≥ 55	0.5	27	0.9	0.4
	≥ 60	0.4	29	1.1	0.4

Table 3: Sensitivity analysis of the grade and tonnage relationships at varying pit-constrained silver equivalent cut-off grades for the Langtry Property. Effective June 30, 2025.

Classification	AgEQ	*Tonnes* *(Mt)*	*Average Ag Grade* *(g/t)*	Strip Ratio *(t:t)*	Contained Silver (Moz)
Classification	COG *(g/t)*	*Tonnes* *(Mt)*	*Average Ag Grade* *(g/t)*	Strip Ratio *(t:t)*	Contained Silver (Moz)
Inferred	≥ 35	29	68	2.1	63
	≥ 40	26	71	2.5	59
	≥ 43	24	73	2.8	57
	≥ 50	19	81	4.1	49
	≥ 55	16	86	4.7	44
	≥ 60	13	92	5.8	39

Resource Estimation Methodology

The 2025 MRE was prepared in accordance with the requirements of NI 43-101 and applicable guidelines disseminated by CIM. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The quantity and grade of reported Inferred resources are uncertain in nature as there has been insufficient exploration to define these Inferred Resources as Indicated or Measured.

The 2025 MRE resource block model was oriented along regional strike of mineralization controlling range front fault (Calico fault) and bedding, at approximately 045 degrees. Metal grades were estimated using ordinary kriging into a 20 ft x 20 ft x 10 ft block model using 5 ft drill hole composites and a bulk density of 2.44 t/m ³ (13.13 ft ³ /st). The block models are constrained to the west by the Calico range front fault and to the east by the contact between the mineralized Barstow formation sedimentary rocks and the Pickhandle formation rhyolitic rocks. Both structures are mineralization controlling features. A grade capping evaluation was performed, and for the Waterloo Property only the following drillhole grades were capped prior to estimation: Ag 450 g/t, Au 2 g/t, Ba 31% and Zn 7%. No grade capping was deemed necessary for the Langtry Property.

The MRE was internally audited, and peer reviewed by Stantec prior to being released to the Company and being declared final. Further, the Company completed an internal review of the 2025 MRE data supplied by Stantec. A full description of the data and the data verification process will be detailed in the technical report associated with the 2025 MRE, which will be prepared in accordance with NI 43-101 Standards of Disclosure for Mineral Projects and filed within 45 days of this news release on the Company’s website and on SEDAR+ at www.sedarplus.ca .

SAMPLING AND QUALITY ASSURANCE/QUALITY CONTROL

Additional sampling since the 2023 MRE and prior to the 2025 MRE included re-assaying of 7,797 drill pulps (primary plus QAQC) by X-Ray Fluorescence for Ba and BaO at ALS in Reno, Nevada and a metallurgical testing program for barite from five PQ drill core composites was completed at McClelland Laboratories Inc., in Sparks, Nevada. Results from the metallurgical test were presented in a prior News Release (May 2, 2023).

Pulps from historical and the 2022 drill program were submitted to ALS Reno for sample preparation and Ba analysis. Historical pulps were homogenized by light pulverizing (HOM-01) and the pulverisers were washed between samples (WSH22). After preparation, splits of prepared pulps are securely shipped to ALS Vancouver, British Columbia for analysis. Most of the pulps were analyzed using X-Ray Fluorescence Spectroscopy (‘XRF’) methods ME-XRF10, with the exception of a few samples that were analysed with ME-XRF15c (samples with high sulphide content) or ME-XRF26 (selected samples for a more complete suite of elements). The detection limits for Ba with ME-XRF10 is between 0.01 and 45%, between 0.01 and 50% with ME-XRF15C and for BaO with ME-XRF26 0.01-66%. All analyses were completed at ALS Vancouver.

The Company maintains its own comprehensive quality assurance and quality control (QA/QC’) program to ensure best practices in sample preparation and analysis for samples. The QA/QC program includes the insertion and analysis of certified reference materials, commercial pulp blanks, preparation blanks, and field duplicates to the laboratories. Apollo’s QA/QC program includes ongoing auditing of all laboratory results from the laboratories. The Company’s Qualified Person is of the opinion that the sample preparation, analytical, and security procedures followed are sufficient and reliable. The Company is not aware of any drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data reported herein.

ABOUT THE PROJECT

Location

The Calico Project is located in San Bernardino County, California and comprises the adjacent Waterloo, Langtry, and Mule properties which total 8,283 acres. The Calico Project is 15 km (9 miles) from the city of Barstow, 5 km (3 miles) from commercial electric power and has an extensive private gravel road network spanning the property.

Geology and Mineralization

The Calico Project is situated in the southern Calico Mountains of the Mojave Desert, in the south-western region of the Basin and Range tectonic province. This 15 km (9 mile) long northwest-southeast trending mountain range is dominantly composed of Tertiary (Miocene) volcanics, volcaniclastics, sedimentary rocks and dacitic intrusions. Mineralization at Calico comprises high-level low-sulfidation silver-dominant epithermal vein-type, stockwork-type and disseminated-style associated with northwest-trending faults and fracture zones and mid-Tertiary (~19-17 Ma) volcanic activity. Calico represents a district-scale mineral system endowment with approximately 6,000 m (19,685 ft) in mineralized strike length controlled by the Company. Silver and gold mineralization are oxidized and hosted within the sedimentary Barstow Formation and the upper volcaniclastic units of the Pickhandle formation along the contact between these units.

The 2025 MRE for Waterloo Property comprises 125 Moz Ag in 55 Mt at an average grade of 71 g/t Ag (M&I categories), 0.51 Moz Ag in 0.60 Mt at an average grade of 26 g/t Ag (Inferred category), 130,000 oz gold in 17 Mt at an average grade of 0.25 g/t gold (Inferred category), 2.7 Mt BaSO4 and 354 Mlbs Zn in 36 Mt at an average grade of 7.4 % BaSO4 and 0.45 % Zn (Indicated category), and 0.65 Mt BaSO4 and 258 Mlbs Zn in 17 Mt at an average grade of 3.9 % BaSO4 and 0.71 % Zn (Inferred category). The 2025 MRE for Langtry property comprises 57 Moz Ag in 24 Mt at an average grade of 73 g/t Ag (Inferred category).

QUALIFIED PERSONS

The scientific and technical data contained in this news release was reviewed, and approved by Derek Loveday, P. Geo., Johnny Marke P.G. and Mariea Kartick, P.Geo., from Stantec and are Qualified Persons independent of the Company. Mr. Loveday is a registered Professional Geoscientist in Alberta, Canada, and Mr. Marke is a registered Professional Geologist in Oregon, USA and both are responsible for the mineral resource estimation. Ms. Kartick is a registered Professional Geoscientist in Ontario, Canada and is responsible for data QA/QC.

This news release has also been reviewed and approved by Isabelle Lépine, M.Sc., P.Geo., Apollo’s Director of Mineral Resources. Ms. Lépine is a registered Professional Geoscientist in British Columbia, Canada and is not independent of the Company.

ABOUT Apollo Silver Corp.

Apollo Silver is advancing one of the largest undeveloped primary silver projects in the US. The Calico Project hosts a large, bulk minable silver deposit with significant barite credits – a critical mineral essential to the US energy and medical sectors. The Company also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, which is host to a major carbonate replacement (CRD) deposit that is both high-grade and large tonnage. Led by an experienced and award-winning management team, Apollo is well positioned to advance the assets and deliver value through exploration and development.

Please visit www.apollosilver.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross McElroy
President and CEO

For further information, please contact:

Email: info@apollosilver.com

Telephone: +1 (604) 428-6128

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 includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the potential of the Calico Project and its overall investment attractiveness; the expectation that the Calico Project will continue to increase in value, scale and optionality; the potential economic significance of the updated mineral resource estimate, including the newly defined barite and zinc resources in addition to silver and gold; the potential recovery rates; the potential to further expand the resource estimate and upgrade its confidence level, including prospective silver, gold, barite and zinc mineralization on strike and at depth; the potential impact of barite and zinc being designated as critical minerals in the United States; assumptions regarding mineralization at shallow depths and strip ratios; timing and execution of future planned drilling, exploration, preliminary engineering and additional metallurgical activities; timing of commencement and completion of a preliminary economic assessment or other technical studies; the potential for additional discoveries and overall project development; and the Company’s ability to advance, develop, and permit the Calico Project. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Calico Project parameters as plans continue to be refined. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold zinc and barite; the demand for silver, gold, zinc and barite; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws .

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/cce62828-4cf5-487a-b245-9c271e6dfdcf

https://www.globenewswire.com/NewsRoom/AttachmentNg/be15e1d9-2d79-4446-b086-ed7daefdb013

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Business

Disney to pay $10 million to settle FTC complaint over collection of children’s data on YouTube

The Walt Disney Company will pay $10 million to settle Federal Trade Commission allegations that it enabled the unlawful collection of children’s personal data on YouTube.

The FTC claimed the company allowed data to be collected from kids who viewed videos directed at children on YouTube without notifying parents or obtaining their consent.

The complaint alleged that Disney violated the Children’s Online Privacy Protection Rule by not labeling some YouTube videos as being made for children. The agency claimed the company was able to collect data from viewers of child-directed content who were under the age of 13 and use it for targeted advertising.

In 2019, after a settlement with the FTC, YouTube began requiring content creators to list whether uploaded videos were “made for kids” or “not made for kids.” The designation ensures that personal information is not collected from the “made for kids” videos and personalized ads will not be served to viewers. Comments are also disabled on those videos.

The proposed settlement would require Disney to pay a $10 million civil penalty, comply with the children’s data protection rule and implement a program to review whether videos posted to YouTube should be designated as “made for kids.”

“Supporting the well-being and safety of kids and families is at the heart of what we do,” the company said in a statement obtained by CNBC. “This settlement does not involve Disney owned and operated digital platforms but rather is limited to the distribution of some of our content on YouTube’s platform. Disney has a long tradition of embracing the highest standards of compliance with children’s privacy laws, and we remain committed to investing in the tools needed to continue being a leader in this space.”

Axios was the first to report the settlement.

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Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution

Families who lost loved ones in two crashes of Boeing 737 Max jetliners may get their last chance to demand the company face criminal prosecution Wednesday. That’s when a federal judge in Texas is set to hear arguments on a U.S. government motion to dismiss a felony charge against Boeing.

U.S. prosecutors charged Boeing with conspiracy to commit fraud in connection with the crashes that killed 346 people off the coast of Indonesia and in Ethiopia. Federal prosecutors alleged Boeing deceived government regulators about a flight-control system that was later implicated in the fatal flights, which took place less than five months apart in 2018 and 2019.

Boeing decided to plead guilty instead of going to trial, but U.S. District Chief Judge Reed O’Connor rejected the aircraft maker’s plea agreement in December. O’Connor, who also will consider whether to let prosecutors dismiss the conspiracy charge, objected to diversity, equity and inclusion policies potentially influencing the selection of an independent monitor to oversee the company’s promised reforms.

Lawyers representing relatives of some of the passengers who died cheered O’Connor’s decision, hoping it would further their goal of seeing former Boeing executives prosecuted during a public trial and more severe financial punishment for the company. Instead, the delay worked to Boeing’s favor.

The judge’s refusal to accept the agreement meant the company was free to challenge the Justice Department’s rationale for charging Boeing as a corporation. It also meant prosecutors would have to secure a new deal for a guilty plea.

The government and Boeing spent six months renegotiating their plea deal. During that time, President Donald Trump returned to office and ordered an end to the diversity initiatives that gave O’Connor pause.

By the time the Justice Department’s criminal fraud section briefed the judge in late May, the charge and the plea were off the table. A non-prosecution agreement the two sides struck said the government would dismiss the charge in exchange for Boeing paying or investing another $1.1 billion in fines, compensation for the crash victims’ families, and internal safety and quality measures.

The Justice Department said it offered Boeing those terms in light of “significant changes” Boeing made to its quality control and anti-fraud programs since entering into the July 2024 plea deal.

The department also said it thought that persuading a jury to punish the company with a criminal conviction would be risky, while the revised agreement ensures “meaningful accountability, delivers substantial and immediate public benefits, and brings finality to a difficult and complex case whose outcome would otherwise be uncertain.”

Judge O’Connor has invited some of the families to address the court on Wednesday. One of the people who plans to speak is Catherine Berthet, whose daughter, Camille Geoffrey, died at age 28 when a 737 Max crashed shortly after takeoff from Ethiopia’s Addis Ababa Bole International Airport.

Berthet, who lives in France, is part of a group of about 30 families who want the judge to deny the government’s request and to appoint a special prosecutor to take over the case.

“While it is no surprise that Boeing is trying to buy everyone off, the fact that the DOJ, which had a guilty plea in its hands last year, has now decided not to prosecute Boeing regardless of the judge’s decision is a denial of justice, a total disregard for the victims and, above all, a disregard for the judge,” she said in a statement.

Justice Department lawyers maintain the families of 110 crash victims either support a pre-trial resolution or do not oppose the non-prosecution agreement. The department’s lawyers also dispute whether O’Connor has authority to deny the motion without finding prosecutors acted in bad faith instead of the public interest.

While federal judges typically defer to the discretion of prosecutors in such situations, court approval is not automatic.

In the Boeing case, the Justice Department has asked to preserve the option of refiling the conspiracy charge if the company does not hold up its end of the deal over the next two years.

Boeing reached a settlement in 2021 that protected it from criminal prosecution, but the Justice Department determined last year that the company had violated the agreement and revived the charge.

The case revolves around a new software system Boeing developed for the Max. In the 2018 and 2019 crashes, the software pitched the nose of the plane down repeatedly based on faulty readings from a single sensor, and pilots flying then-new planes for Lion Air and Ethiopian Airlines were unable to regain control.

The Transportation Department’s inspector general found that Boeing did not inform key Federal Aviation Administration personnel about changes it made to the MCAS software before regulators set pilot training requirements for the Max and certified the airliner for flight.

Acting on the incomplete information, the FAA approved minimal, computer-based training for Boeing 737 pilots, avoiding the need for flight simulators that would have made it more expensive for airlines to adopt the latest version of the jetliner.

Airlines began flying the Max in 2017. After the Ethiopia crash, the planes were grounded worldwide for 20 months while the company redesigned the software.

In the final weeks of Trump’s first term, the Justice Department charged Boeing with conspiring to defraud the U.S. government but agreed to defer prosecution and drop the charge after three years if the company paid a $2.5 billion settlement and strengthened its ethics and legal compliance programs.

The 2021 settlement agreement was on the verge of expiring when a panel covering an unused emergency exit blew off a 737 Max during an Alaska Airlines flight over Oregon at the beginning of last year. No one was seriously injured, but the potential disaster put Boeing’s safety record under renewed scrutiny.

A former Boeing test pilot remains the only individual charged with a crime in connection with the crashes. In March 2022, a federal jury acquitted him of misleading the FAA about the amount of training pilots would need to fly the Max.

This post appeared first on NBC NEWS

Business

Amazon cracks down on Prime free shipping sharing

Amazon is eliminating a program that allows members of its Prime subscription program to share free shipping benefits with people outside their household.

The company began notifying users in recent days that it plans to end the Prime Invitee Program on Oct. 1, according to a notice viewed by CNBC.

“We are writing to inform you that the Prime Invitee Program, which allowed sharing Prime’s fast, free delivery with others, will end on October 1, 2025,” the notice states. “Your invited guests will be notified directly about this change by September 5, 2025.”

Amazon previously let Prime members share free, two-day shipping with one other adult in their household, even if they used a different address.

Starting next month, the company will require invitees who don’t live with the account holder to sign up for their own Prime membership.

It’s phasing out the program in favor of Amazon Family, which lets Prime members share free shipping and other benefits with one other adult, four children and up to four teens added before April 7, 2025.

All users must share the same primary residential address, or the “address you consider to be your home and where you spend the majority of your time,” Amazon said.

The change comes as Reuters reported Monday that Amazon’s Prime signups in the U.S. fell short of last year’s total and its own targets, citing internal company documents. Amazon told the outlet that Prime membership continues to grow in the U.S. and internationally.

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World

Trump welcomes Polish president with flyover tribute to fallen fighter pilot

Eight fighter jets will conduct a flyover when Polish President Karol Nawrocki arrives at the White House Wednesday morning, Fox News Digital has learned.

President Donald Trump’s meeting with Nawrocki, whom Trump backed in the Polish elections earlier in 2025, comes amid ongoing negotiations between Poland’s neighboring Russia and Ukraine to end the conflict between the two countries.

‘President Trump is looking forward to welcoming President Nawrocki to the White House, who recently won a historic election in Poland,’ White House spokeswoman Anna Kelly said in a Tuesday statement to Fox News Digital. The ‘spectacular flyover will honor the memory of a brave Polish fighter pilot whose life was tragically taken too soon and capture the special relationship between our two countries.’

Four F-16 fighter jets are slated to perform a missing man formation Wednesday to honor a Polish army F-16 pilot who died in an August crash during a rehearsal for an airshow in Radom, Poland.

Additionally, four F-35 fighter jets will also fly over the White House to recognize the relationship between the U.S. and Poland. The U.S. sells F-35 fighter jets to allies, including Poland, and the State Department signed off on a potential $1.85 billion sale of sustainment equipment for the F-35 to Poland in August.

Likewise, the U.S. started training Polish aviators to operate the F-35 in May at Ebbing Air National Guard Base in Arkansas.

All crew members participating in the flyover are American. Those flying the F-16 aircraft are from the D.C. Air National Guard based out of Joint Base Andrews in Maryland, and the F-35 pilots are from Tyndall Air Force Base in Florida.

A missing man formation occurs during a flyover when one aircraft breaks off from the rest, recognizing the missing or fallen service member.

This isn’t the first time a flyover has occurred when the Polish president has visited the White House. One was also conducted in 2019 during Trump’s first term when then-Polish President Andrzej Duda arrived in Washington.

Nawrocki’s visit comes as Russian President Vladimir Putin has escalated his attacks against Ukraine, despite a meeting in August with Trump in Anchorage, Alaska, in an attempt to advance a peace deal.

Meanwhile, the Trump administration has sought to work with European allies in recent weeks on nailing down various security guarantees for Ukraine to safeguard against Russian aggression again.

While Trump initially said a trilateral meeting with both Putin and Ukrainian President Volodymyr Zelenskyy was in the works following his meeting with Putin, Russia has shown disinterest in such a meeting.

As a result, Trump said Tuesday there would be consequences if Putin failed to meet with Zelenskyy.

‘We’re going to see what happens,’ Trump told reporters Tuesday. ‘We’re going to see what they do and what happens. I’m watching it very closely … I want to see it end.’

Nawrocki is slated to arrive at the White House at 11 a.m. Eastern Daylight Time.

This post appeared first on FOX NEWS

World

Xi Jinping hails ‘unstoppable’ China as Trump accuses Beijing of conspiring against US

President Xi Jinping declared China’s ‘great rejuvenation’ unstoppable on Wednesday as he used the country’s largest-ever military parade to hint at reunification with Taiwan and to flaunt advanced weapons designed to rival American power.

Xi said the People’s Liberation Army (PLA) would ‘resolutely safeguard national sovereignty, unity and territorial integrity,’ underscoring Beijing’s ambitions toward Taiwan. ‘The great rejuvenation of the Chinese nation is unstoppable,’ he added.

The 70-minute spectacle marked the 80th anniversary of Japan’s surrender in World War II. Thousands of troops goose-stepped through Tiananmen Square, followed by columns of tanks, missile carriers and drones.

Xi has repeatedly set 2027, the 100th anniversary of the PLA, as a deadline for military modernization — a timeline U.S. officials warn could coincide with preparations for an invasion of Taiwan.

China showed off its full nuclear triad — missiles launched from land, sea and air. That included the DF-41 intercontinental ballistic missile, capable of traveling 12,400 miles, putting the U.S. mainland within range.

Analysts paid special attention to what appeared to be a new DF-61 hypersonic missile carried on a WS2400 truck. The weapon is believed to be designed to outpace U.S. missile defenses. Submarine-launched ballistic missiles and long-range bombers rounded out the display of nuclear muscle.

The PLA also rolled out stealth drones — like the GJ-11 ‘Sharp Sword’ UCAV and other ‘loyal wingman’ drones — alongside AI-enhanced tanks, hypersonic weapons, underwater drones and other futuristic systems.

Amphibious assault vehicles hinted at preparations for a Taiwan contingency. Beijing also highlighted cyber and space capabilities, signaling ambitions beyond conventional battlefields.

Xi watched the procession flanked by Russian President Vladimir Putin and North Korean leader Kim Jong Un — a not-so-subtle signal of solidarity among America’s adversaries.

After the parade, Putin and Kim met behind closed doors for two hours. Putin thanked Kim for supporting Russia’s war in Ukraine, Chinese state media reported.

President Donald Trump weighed in on Truth Social, addressing Xi directly: ‘Please give my warmest regards to Vladimir Putin, and Kim Jong Un, as you conspire against The United States of America.’

Around two dozen world leaders watched from the stands, including Iranian President Masoud Pezeshkian. Only two heads of state from Europe — Serbian President Aleksandar Vucic and Slovak Prime Minister Robert Fico — accepted China’s invitation, as Western allies largely stayed away.

Taiwanese President Lai Ching-te dismissed the spectacle as ‘psychological intimidation.’

The show of force came just months after the U.S. staged its own military parade in Washington to mark the Army’s 250th birthday, in a signal that China intends to match and eventually surpass American military power.

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World

Rashida Tlaib hit with House censure threat, accused of ‘celebrating terrorism’ in pro-Palestinian speech

Rep. Rashida Tlaib, D-Mich., is facing a GOP-led censure resolution on Wednesday after her fiery remarks at a pro-Palestinian conference.

Tlaib spoke at the People’s Conference for Palestine in Detroit over the weekend, where she condemned both Democrats and Republicans for supporting Israel as its military campaign in Gaza continues.

Rep. Buddy Carter, R-Ga., who introduced the measure, accused Tlaib of ‘vilifying her colleagues, endangering the lives of Jewish people, and celebrating terrorism.’

‘Her conduct is beneath that of a civilized person, let alone a member of Congress. I am calling on the House of Representatives to censure her remarks and put Democrats on notice for enabling and cheering on antisemitism in their own party,’ Carter told Fox News Digital.

The Detroit-area progressive, the first Palestinian-American elected to Congress, targeted the institution itself in her remarks. ‘Outside of the decaying halls of the empire in Washington, D.C., we are winning. They are scared.’

She also brushed off colleagues’ concerns about anti-Israel protests near their offices.

‘They are scared. They send me videos and messages of people protesting in front of their district offices, people showing up at their town halls, and I was like, we’re not all related. Those are fellow Americans,’ Tlaib said. ‘Maybe you should meet with them and listen.’

Carter’s resolution referenced other speakers at the event, tying their rhetoric to Tlaib’s participation.

He pointed to remarks by Aisha Nizar, an activist with the Palestinian Youth Movement, who discussed disrupting the U.S. supply chain for F-35 combat aircraft.

‘If one specific node of the F-35 supply chain is intervened in, it has a huge impact for our people back home,’ Nizar said. ‘We need to be surgical. We need to be strategic. And we need to be bold in our actions. Because there are many different points of these supply chains of death that we can intervene in.’

Another participant, Nidal Jboor, founder of Doctors Against Genocide, reportedly said of leaders in the U.S., Europe and Israel, ‘They must be locked up, taken out, neutralized to save children and humanity,’ according to a report by the Middle East Media Research Institute.

It remains unclear how closely Tlaib is tied to those figures, but Carter’s resolution links her speech to past controversies over her criticism of Israel.

‘Representative Rashida Tlaib has repeatedly displayed conduct entirely unbecoming of a member of the House of Representatives by calling for the destruction of the state of Israel and by dangerously promoting terrorism and extremism, while Israeli and American hostages remain in terrorist captivity,’ the resolution states.

Carter is running for U.S. Senate in Georgia in 2026.

Israel’s military campaign in Gaza — which international organizations warn has created famine conditions — was launched in response to Hamas’ Oct. 7, 2023, terror attack that killed more than 1,000 people in southern Israel, many of them civilians in their homes.

The conflict has split lawmakers in both parties, with a growing number of Democrats and even some Republicans criticizing the magnitude of Israel’s response.

The Hamas-run Gaza Health Ministry claims tens of thousands of Palestinians have been killed since Oct. 7.

Fox News Digital has reached out to Tlaib’s office for comment.

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World

More than 1,000 HHS workers demand Kennedy resignation over CDC director firing and agency changes

More than 1,000 current and former employees of the Department of Health and Human Services (HHS) signed a letter calling on HHS Secretary Robert F. Kennedy Jr. to resign on Wednesday.

The employees cited Kennedy’s recent ousting of the Centers for Disease Control and Prevention (CDC) director Susan Monarez. They also accused Kennedy of appointing ‘political ideologues’ to positions of authority.

‘We believe health policy should be based in strong, evidence-based principles rather than partisan politics. But under Secretary Kennedy’s leadership, HHS policies are placing the health of all Americans at risk, regardless of their politics,’ the letter says.

‘Should he decline to resign, we call upon the President and U.S. Congress to appoint a new Secretary of Health and Human Services, one whose qualifications and experience ensure that health policy is informed by independent and unbiased peer-reviewed science. We expect those in leadership to act when the health of Americans is at stake,’ the letter continues.

HHS did not immediately respond to a request for comment from Fox News Digital.

The letter comes just days after Sen. Bernie Sanders, I-Vt., also called on Kennedy to resign, citing his actions at the CDC. The Trump administration announced the removal of Monarez last week, less than a month after she was confirmed, after she refused Kennedy’s directives to adopt new limitations on the availability of some vaccines, including for approvals for COVID-19 vaccines.

Four other senior CDC officials resigned in protest after Monarez’s ouster, pointing, in part, to anti-vaccine policies pushed by Kennedy. Hundreds of workers at the agency also walked out of the CDC’s headquarters in Atlanta in support of their former colleagues.

Sanders wrote in an op-ed for The New York Times that Kennedy is ‘endangering the health of the American people now and into the future,’ and accused the secretary of firing Monarez because she refused ‘to act as a rubber stamp for his dangerous policies.’

‘Despite the overwhelming opposition of the medical community, Secretary Kennedy has continued his longstanding crusade against vaccines and his advocacy of conspiracy theories that have been rejected repeatedly by scientific experts,’ Sanders wrote.

‘It is absurd to have to say this in 2025, but vaccines are safe and effective,’ he added. ‘That, of course, is not just my view. Far more important, it is the overwhelming consensus of the medical and scientific communities.’

The Trump administration has defended Monarez’s ouster, with White House press secretary Karoline Leavitt saying Thursday that the president has the ‘authority to fire those who are not aligned with his mission.’

‘The president and Secretary Kennedy are committed to restoring trust and transparency and credibility to the CDC by ensuring their leadership and their decisions are more public-facing, more accountable, strengthening our public health system and restoring it to its core mission of protecting Americans from communicable diseases, investing in innovation to prevent, detect and respond to future threats,’ Leavitt told reporters.

Fox News’ Landon Mion contributed to this report

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World

Epstein victims press lawmakers to support bill to release hidden files, say Americans will be ‘appalled’

A lawyer representing victims of Jeffrey Epstein said Wednesday that the American public is ‘going to be appalled’ about documents relating to the disgraced late financier that have not been released by the federal government.

‘The government has mistreated them after Jeffrey Epstein mistreated them,’ Bradley Edwards said of the victims in Washington, D.C.

Edwards spoke during a news conference that is part of an effort by Reps. Ro Khanna, D-Calif., and Thomas Massie, R-Ky., to pass through the House a procedural motion known as a discharge petition, which could force a House vote urging the Justice Department to release the Epstein files.

‘We filed lawsuits against Jeffrey Epstein, against his estate and against two financial institutions – JP Morgan and Deutsche Bank – that prove that they provided, knowingly provided the financial infrastructure for a sex trafficking operation. Unfortunately, all of the documents and evidence that we have worked so hard to gather hide behind protective orders, confidentiality agreements and bank secrecy laws,’ Edwards said.

‘That is why this discharge petition is so important. While we have seen the documents, you haven’t, and when you see the documents, you’re going to be appalled, and the American people deserve to see everything,’ he added.

‘When you sign this discharge petition, it should mean nothing is off limits. The documents in the possession of the CIA should be made available. Those in the possession of the FBI going back decades should be made available. The SEC financial records… should be made available,’ Edwards continued, as he stood alongside the victims.

‘Everybody knows that evil flourishes in the darkness. Corruption flourishes in secrecy. It is time right now to make a difference for the women that are behind me right now,’ Edwards added.

President Donald Trump on Wednesday called the push to release files relating to Jeffrey Epstein ‘a Democrat hoax because they’re trying to get people to talk about something that’s totally irrelevant to the success that we’ve had as a nation since I’ve been president.’

‘I understand that we were subpoenaed to give files, and I understand we’ve given thousands of pages of files. And I know that no matter what you do, it’s going to keep going,’ Trump told reporters at the White House. ‘And really I think it’s enough because I think we should talk about the greatness of our country and the success that we’re having. I think we’re probably having, according to what I read, even from two people in this room, we’re having the most successful eight months of any president ever. And that’s what I want to talk about. That’s what we should be talking about, not the Epstein hoax.’

Epstein died in prison six years ago while awaiting federal charges related to sex trafficking.

‘This is not a hoax. This is real. There are real survivors,’ Massie said earlier. ‘There are real victims to this criminal enterprise, and the perpetrators are being protected because they’re rich and powerful and political donors to the establishment here in Washington, D.C. So today we’re standing with the survivors, and we’re giving them a voice.’

Rep. Marjorie Taylor Greene, R-Ga., also said Wednesday that ‘the women behind me have never received justice.’

‘And do you want to know why? It’s because Jeffrey Epstein somehow was able to walk among the most rich, powerful people, not only in America, but foreign countries. Yesterday I heard countries like Saudi Arabia, Russia and even Israel and other countries,’ Greene said. ‘The truth needs to come out, and the government holds the truth that the cases that are sealed hold the truth. Jeffrey Epstein’s estate holds the truth. The FBI, the DOJ, and the CIA holds the truth. And the truth we are demanding.’

Epstein victim Jena-Lisa Jones said Wednesday that she ‘was only 14 years old when my friend brought me over to Jeffrey Epstein’s house in Palm Beach in 2003.’

‘I always did my best in school, and I had such a positive outlook on life,’ she said. ‘Until that day that I met Jeffrey, I have never been more scared in my life than I was that first time that he hurt me. I remember crying the entire way home, thinking about how I couldn’t ever tell anyone about what actually happened in that house.’

‘It was really hard for me to find my voice and to become strong enough to speak about my abuse,’ she also said, thanking Massie and Khanna for hosting her. ‘Together, we can finally make a change. And that is thanks to the people like these two Congressmen and their teams who actually care about the victims.’

Jones also appealed to President Donald Trump directly.

‘If you are a member of Congress and you are listening to all of us speak here today, please really listen to us. Please vote for this bill to be passed,’ Jones said. ‘Please, President Trump, pass this bill and help us. Make us feel like our voices are finally being heard.’

Another Epstein victim, Lisa Phillips, said Wednesday that ‘us Epstein survivors have been discussing creating our own list.’

‘We know the names. Many of us were abused by them. Now, together as survivors, we will confidentially compile the names we all know, who were regularly in the Epstein world. And it will be done by survivors and for survivors. No one else is involved. Stay tuned for more details,’ she said.

Another victim, Anouska de Georgiou, said she ‘was abused by Jeffrey Epstein and Ghislaine Maxwell for over ten years.

‘Ghislaine Maxwell was present for some of my abuse at the hand of Jeffrey Epstein. She was present. She was complicit. She was enabling. And it is appalling and disgusting. And it’s one of my worst nightmares… the possibility that is very much going around that she might be pardoned. This is not okay, guys. This is not okay.’

Fox News Digital’s Paul Steinhauser and Elizabeth Elkind contributed to this report.

This post appeared first on FOX NEWS

Investing

Crypto Market Update: SEC, CFTC Open Door to Spot Crypto Trading on Registered Exchanges

Here’s a quick recap of the crypto landscape for Wednesday (September 3) as of 9:00 a.m. (UTC).

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$111,601, a 1.5 percent increase in 24 hours. It opened at its highest valuation of the day, US$111,653. Its lowest valuation as of today was US$108,538.

Bitcoin price performance, September 3, 2025.

Chart via TradingView

Ether (ETH) was priced at US$4,372.91, trading flat over the past 24 hours. Its highest valuation today was US$4,385.50, and its lowest was US$4,265.15.

Altcoin price update

Solana (SOL) was priced at US$210.59, up by 3.9 percent over 24 hours. Its lowest valuation on Wednesday was US$197.97, and its highest valuation was US$211.57.

XRP was trading for US$2.86, up by 2 percent in the past 24 hours and its highest valuation of the day so far. Its lowest valuation of the day was US$2.77.

SUI (Sui) was trading for US$3.35, up by 2.7 percent in the past 24 hours. Its lowest valuation of the day was US$3.20, and its highest level of the day was US$3.36.

Cardano (ADA) was priced at US$0.8357, up by 2.3 percent. Its lowest valuation for Wednesday was US$0.8023, and its highest valuation was US$0.8392.

Today’s crypto news to know

Winklevoss-backed Bitcoin Firm to go public in Amsterdam

A bitcoin treasury company supported by Cameron and Tyler Winklevoss is heading for the public markets in the Netherlands, Reuters reported.

The firm, called Treasury, will list in Amsterdam through a reverse takeover of Dutch investment vehicle MKB Nedsense.

Backed by Winklevoss Capital and Nakamoto Holdings, Treasury has already raised €126 million and built a stash of more than 1,000 bitcoin.

The deal values Treasury at a hefty premium, with plans to consolidate shares at €2.10 apiece. Bitcoin-only treasury firms have grown in appeal as the world’s largest cryptocurrency keeps smashing record highs above US$120,000 this year.

While Europe has rolled out several bitcoin-linked exchange-traded products, investor uptake has lagged behind the US spot ETF boom. Treasury’s listing places a bold bet that Amsterdam can become a hub for institutional bitcoin holdings, with trading set to start under the ticker “TRSR.”

US Regulators clear path for spot crypto trading

The SEC and CFTC have given a green light for registered exchanges to offer certain spot crypto products, a move that could reshape how digital assets are traded in the US.

In a joint statement Tuesday (September 2), the agencies said exchanges under their oversight are permitted to facilitate transactions tied to leverage, margin, and financed spot retail commodity products.

While no specific coins were named, the message signals a coordinated approach to expanding investor access.

The statement builds on the President’s Working Group’s earlier call for regulatory clarity in digital finance.

Recently, the Trump administration continues rolling back lawsuits and enforcement actions that dogged the sector under previous leadership.

In a statement posted on X, acting CFTC Chair Caroline Pham called the decision “another win on regulatory clarity.”

Ethereum Foundation to sell US$43 Million in ETH for ecosystem funding

The Ethereum Foundation has announced plans to offload another 10,000 ETH, valued at roughly US$43 million, to finance research, ecosystem grants, and philanthropic work.

The organization said the tokens will be sold gradually through centralized exchanges rather than in a single transaction, aiming to avoid market disruption.

Just weeks before, the Foundation sold a similar tranche to SharpLink Gaming, making that firm the first public company to directly acquire ETH from the network’s core steward.

In June, the Foundation unveiled a new treasury framework that caps annual spending at 15 percent and builds a long-term reserve buffer.

Ether saw a recent surge in price as it touched a record high of US$4,866 in late August.

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

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

This post appeared first on investingnews.com