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Trump trade adviser Peter Navarro tore into John Bolton for ‘profiteering off America’s secrets’ on Tuesday after the FBI raided his home last week in a reported classified document probe.

‘I served with Bolton, and he was far too frequently a loose cannon, bent on bombings and coups — Doctor Strangelove with a mustache,’ Navarro, who also advised Trump on trade during his first term, wrote in an op-ed for The Hill.

‘He agitated for airstrikes, pushed regime-change fantasies, and obsessed over military solutions when diplomacy was working. Then, instead of honoring executive privilege and confidential debate, Bolton acknowledged that in writing his memoir he relied on the ‘copious notes’ he had conspicuously taken inside the White House.’ 

Bolton published a book in 2020, The Room Where it Happened, reportedly receiving a $2 million advance for a tell-all of his time in the Trump administration. He served as Trump’s national security advisor starting in 2018 but fell out with the president and left the position in 2019. 

Navarro accused Bolton of ‘sharing information about Oval Office conversations and national security that should have stayed secret — either by law or under executive privilege.’

‘That isn’t service. That isn’t patriotism. That’s profiteering off of America’s secrets.’

Navarro noted that Bolton had described confidential U.S. deliberations on how to fracture Venezuelan President Nicolas Maduro’s control and prompt military defections. 

‘That kind of blueprint isn’t something you hand to the public — or to Maduro’s intelligence services.’

He noted that disclosing national defense information without authorization could violate U.S. code. 

‘If evidence is found and indictments made, Bolton may one day go to prison for shredding that Constitution, defying executive privilege, and trampling safeguards meant to protect America’s security,’ Navarro said. ‘If that happens, Bolton won’t be remembered for his book tour. He’ll be remembered for the sequel he writes in prison.’

Fox News Digital has reached out to a spokesperson for Bolton for comment. 

Navarro spent four months in prison last year after being convicted of contempt of Congress for defying subpoenas from the House select committee investigating the January 6 Capitol attack.

The FBI executed a search warrant on Bolton’s home and office on Friday. 

Democrats have also fumed about Bolton’s book: when the former national security advisor refused to serve as their star witness during the first Trump impeachment related to Ukraine, they accused him of saving the juicy details for his memoir. 

In June 2020, Judge Royce Lamberth found Bolton had ‘likely jeopardized national security by disclosing classified information in violation of his nondisclosure agreement obligations.’ 

He’d submitted the 500-page manuscript for a national security review, but when the review wasn’t completed in four months, he ‘pulled the plug on the process and sent the still-under-review manuscript to the publisher for printing,’ according to the judge. 

Lamberth allowed the book to hit the shelves because ‘the horse is already out of the barn‘ – the book’s excerpts had already been leaked and 200,000 copies had been shipped.

This post appeared first on FOX NEWS

The FBI’s raid on John Bolton’s home and office is tied to an investigation that reaches beyond his controversial book, a source told Fox News Digital, fueling speculation that the former Trump adviser could face criminal charges.

The scope of any potential charges against Bolton, who served under President Donald Trump before falling out of favor with him in 2019, is uncertain, but experts tend to agree that Bolton has some legal exposure.

Prominent D.C.-based attorney Mark Zaid, who specializes in national security, said that while there are many unknowns about the Department of Justice’s investigation into Bolton, his memoir, ‘The Room Where It Happened,’ could be an area of vulnerability for him.

‘With respect to Bolton’s book, he is potentially vulnerable if he maintains any copies of early drafts which were determined to contain ‘voluminous’ amounts of classified information when it was first submitted to the White House for review,’ Zaid told Fox New Digital. ‘Those drafts were likely disseminated, per normal course of business, to his literary agent, publisher and lawyer.’

Zaid added that those transmissions could be unlawful under the Espionage Act, a serious set of charges used throughout history to punish spies and leakers of government secrets.

During the first Trump administration, Attorney General Bill Barr opened an investigation into Bolton and brought a civil lawsuit against him over the book days before it was set for release.

The DOJ alleged in the lawsuit that Bolton skipped over normal prepublication review processes and allowed his publisher to move forward with printing a book that contained several passages of classified national security information.

In court papers, Bolton said he did not initially believe his memoir contained classified information, but then he edited some information out of the book after consulting with the National Security Council. Bolton never received a final signoff from the National Security Council before moving forward with publishing. He argued in court papers that the Trump administration’s refusal to approve the memoir’s contents violated his First Amendment rights and that the National Security Council’s review process ‘had been abused in an effort to suppress’ the book, which contained harsh criticisms of Trump.

Judge Royce Lamberth, a D.C.-based Regan appointee, denied the Trump DOJ’s request to block publication of Bolton’s book because, among several reasons, it had already been exposed to publishers. Still, Lamberth faulted Bolton.

‘Defendant Bolton has gambled with the national security of the United States,’ Lamberth wrote in an order at the time. ‘He has exposed his country to harm and himself to civil (and potentially criminal) liability.’

Lamberth found it was likely Bolton ‘jeopardized national security by disclosing classified information’ in violation of various nondisclosure agreements he signed as part of his national security role.

The DOJ never brought charges against Bolton, and the investigation was closed under the Biden administration. The Biden DOJ dismissed the civil lawsuit against Bolton over his book in June 2021.

While Bolton’s book controversy has been at the forefront since the raids at his home and office, one well-placed source familiar with the investigation told Fox News Digital on Monday the investigation is far more expansive than the book. 

The search warrants, which were authorized by a judge, were based on evidence collected overseas by the CIA, the New York Times reported.

Critics note Bolton is the latest target of the Trump DOJ, which despite pledging to end ‘weaponization’ has pursued several of the president’s political rivals. The department has launched grand jury probes into New York Attorney General Letitia James and Sen. Adam Schiff, D-Calif., and is examining Obama-era national security officials who Director of National Intelligence Tulsi Gabbard says tried to undermine Trump’s 2016 victory. Trump has also urged an investigation of former New Jersey Gov. Chris Christie, citing ‘criminal acts’ tied to the George Washington Bridge lane-closure scandal.

Former U.S. Attorney John Fishwick of Virginia suggested the line between honest scrutiny of potential wrongdoing and political revenge has become blurred.

‘Trump DOJ targeting enemies of Trump — Letitia James, Adam Schiff, Federal Reserve Governor [Lisa] Cook and now John Bolton. Trump appears to want them harmed for personal/political reasons but if they broke the law are the investigations justified?’ Fishwick told Fox News Digital in a statement. ‘That question is putting an incredible stress test on our legal system.’

Zaid noted that Bolton could bring claims of a selective or vindictive prosecution if he were indicted but that those are difficult to prove.

Attorney Jason Kander, an Army veteran and former secretary of state of Missouri, said on the podcast ‘Talking Feds’ that even if the DOJ does not secure a conviction against Bolton, the legal process itself is punishment.

‘It’s not just harassment. It’s potential financial ruin,’ Kander said. ‘When they come after you like this it doesn’t matter if there isn’t a scintilla of evidence. It’s a minimum half a million bucks in legal fees in a situation like this.’

This post appeared first on FOX NEWS

Nearly two dozen Republican state attorneys general sent a letter to Environmental Protection Agency chief Lee Zeldin Tuesday, calling on him to cancel funding to a left-wing environmental group accused of training and lobbying judges on climate policy, Fox News Digital exclusively learned. 

‘As attorney general, I refuse to stand by while Americans’ tax dollars fund radical environmental training for judges across the country,’ Montana Attorney General Austin Knudsen told Fox News Digital of his push to encourage the EPA to end its funding of the Climate Judiciary Project. 

‘The Environmental Law Institute’s Climate Judiciary Project is using woke climate propaganda, under the guise of what they call ‘neutral’ education, to persuade judges and push their wildly unpopular agenda through the court system,’ he said. ‘I commend President Trump’s efforts to cut waste and abuse during the first eight months of his presidency, and I am optimistic that his Administration will do the right thing and halt all funding to ELI.’ 

Knudsen spearheaded the letter sent to Zeldin Tuesday, which included the signatures of 22 other Republican state attorneys general, calling for the EPA to axe its funding to the left-wing environmental nonprofit, called the Environmental Law Institute, which oversees the Climate Judiciary Project (CJP). 

The Environmental Law Institute founded the Climate Judiciary Project in 2018, which pitches itself as a ‘first-of-its-kind effort’ that ‘provides judges with authoritative, objective, and trusted education on climate science, the impacts of climate change, and the ways climate science is arising in the law.’ 

The group, however, has been accused of trying to manipulate judges to make them more amenable to left-wing climate litigation. 

The letter sent Tuesday called on the EPA specifically to end any grants and awards endowed to the group. 

‘We write to bring to your attention grants made by EPA to the Environmental Law Institute (‘ELI’),’ the letter reads. ‘According to its 2024 financial statements, ELI received approximately 13% of its revenue in 2023, and 8.4% in 2024, from EPA awards. ELI also apparently still expected to receive funds from the federal government; its financial statement warned that the collectability of federal grant funds ‘is subject to significant uncertainty related to collectability and continual funding due to (the federal grant) funding freeze or other federal actions.”

The Environmental Law Institute received $637,591 from the EPA in 2024 and $866,402 in 2023 from the EPA, according to nonprofit tax documents published by ProPublica detailing the group’s federal expenditures that year. 

‘The Climate Judiciary Project’s mission is clear: lobby judges in order to make climate change policy through the courts,’ 23 state attorneys general wrote in the letter. ‘An alumni magazine profile said the quiet part out loud, writing that the Climate Judiciary Project co-founder was ‘explaining the science of climate change to a group of people with real power to act on it: judges.’ The Climate Judiciary Project’s tampering raises serious legal and ethical questions.’ 

The Environmental Law Institute, however, in a recent comment to Fox News Digital, has maintained that its educational programs through Climate Judiciary Project are in accordance with the standards established by national judicial education institutions. 

Climate Judiciary Project educational events are done ‘in partnership with leading national judicial education institutions and state judicial authorities, in accordance with their accepted standards,’ a spokesperson for the group said in an emailed statement in July. ‘Its curriculum is fact-based and science-first, grounded in consensus reports and developed with a robust peer review process that meets the highest scholarly standards.’

‘CJP’s work is no different than the work of other continuing judicial education organizations that address important complex topics, including medicine, tech and neuroscience,’ an Environmental Law Institute spokesperson previously told Fox News Digital when asked about its educational programs.

The call for EPA to slash any funds to the Environmental Law Institute was celebrated by leading groups such as the American Energy Institute and the Alliance for Consumers, who lamented in a comment to Fox Digital that taxpayer funds should not be used to fund the group and that ‘courtroom maneuvering’ threatens day-to-day life. 

‘The State Attorneys General are right to call for the elimination of taxpayer funding for the Environmental Law Institute and its Climate Judiciary Project,’ Jason Isaac, CEO of the American Energy Institute, told Fox Digital. ‘This is a coordinated campaign to advance the Green New Deal through the judiciary using so-called climate litigation in the courts. Its curriculum is developed by climate alarmist allies of the plaintiffs and delivered to judges behind closed doors. Public funds should never be used to finance political advocacy disguised as judicial education.’

O.H. Skinner, the executive director of Alliance for Consumers, which is a nonprofit focused on advocating on behalf of American consumers, remarked that ‘as we have long warned, the left has a plan to reshape American society by using lawsuits in courts all across the country, especially in places like Hawaii and other coastal enclaves.’

‘The new wave of revelations about ELI is further concerning evidence of how committed the left is to imposing mandatory Progressive Lifestyle Choices through this courtroom maneuvering and how big a threat it really is to all our ways of life,’ Skinner added. 

The Tuesday letter specifically argued: ‘State consumer protection laws prohibit deceptive and misleading statements to market a product. ELI is representing its training as objective when reality shows that it is not. State Attorneys General are responsible for protecting consumers, and we are concerned by ELI’s statements.’

The EPA has taken a hatchet to millions of dollars doled out under the Biden administration to left-wing groups and other programs deemed a waste of taxpayer funds upon Zeldin’s Senate confirmation as EPA chief in January. 

The EPA under the Trump administration has canceled $20 billion in grants under the Inflation Reduction Act — which has led to an ongoing court battle. Zeldin said in March that the $20 billion in U.S. tax dollars were ‘parked at an outside financial institution in a deliberate effort to limit government oversight, doling out your money through just eight pass-through, politically connected, unqualified, and in some cases brand-new NGOs.’

The state attorneys general reflected on the previous cuts in their call to Zeldin to do the same to ELI funding. 

‘Under President Trump’s bold leadership, federal agencies and the Department of Government Efficiency have saved an estimated $190 billion, including terminating more than 15,000 grants that saved approximately $44 billion,’ the letter states. ‘You have heeded President Trump’s directive and achieved monumental savings for taxpayers. You canceled $20 billion in climate grants under the Inflation Reduction Act. You canceled another $1.7 billion in diversity, equity, and inclusion grants.3 And you canceled 800 environmental justice grants.’ 

Climate Judiciary Project and the Environmental Law Institute previously have come under fire from lawmakers such as Republican Texas Sen. Ted Cruz, who accused the groups of working to ‘train judges’ and ‘make them agreeable to creative climate litigation tactics.’

The Texas Republican recently has argued there is a ‘systematic campaign’ launched by the Chinese Communist Party and American left-wing activists to weaponize the court systems to ‘undermine American energy dominance.’

Climate Judiciary Project is a pivotal player in the ‘lawfare’ as it works to secure ‘judicial capture,’ according to Cruz, Fox Digital has previously reported. 

This post appeared first on FOX NEWS

Trump trade adviser Peter Navarro tore into John Bolton for ‘profiteering off America’s secrets’ on Tuesday after the FBI raided his home last week in a reported classified document probe.

‘I served with Bolton, and he was far too frequently a loose cannon, bent on bombings and coups — Doctor Strangelove with a mustache,’ Navarro, who also advised Trump on trade during his first term, wrote in an op-ed for The Hill.

‘He agitated for airstrikes, pushed regime-change fantasies, and obsessed over military solutions when diplomacy was working. Then, instead of honoring executive privilege and confidential debate, Bolton acknowledged that in writing his memoir he relied on the ‘copious notes’ he had conspicuously taken inside the White House.’ 

Bolton published a book in 2020, ‘The Room Where it Happened,’ reportedly receiving a $2 million advance for a tell-all of his time in the Trump administration. He served as Trump’s national security advisor starting in 2018 but fell out with the president and left the position in 2019. 

Navarro accused Bolton of ‘sharing information about Oval Office conversations and national security that should have stayed secret — either by law or under executive privilege.’

‘That isn’t service. That isn’t patriotism. That’s profiteering off of America’s secrets.’

Navarro noted that Bolton had described confidential U.S. deliberations on how to fracture Venezuelan President Nicolas Maduro’s control and prompt military defections. 

‘That kind of blueprint isn’t something you hand to the public — or to Maduro’s intelligence services.’

He noted that disclosing national defense information without authorization could violate U.S. code. 

‘If evidence is found and indictments made, Bolton may one day go to prison for shredding that Constitution, defying executive privilege, and trampling safeguards meant to protect America’s security,’ Navarro said. ‘If that happens, Bolton won’t be remembered for his book tour. He’ll be remembered for the sequel he writes in prison.’

Fox News Digital has reached out to a spokesperson for Bolton for comment. 

Navarro spent four months in prison last year after being convicted of contempt of Congress for defying subpoenas from the House select committee investigating the January 6 Capitol attack.

The FBI executed a search warrant on Bolton’s home and office on Friday. 

Democrats have also fumed about Bolton’s book: when the former national security advisor refused to serve as their star witness during the first Trump impeachment related to Ukraine, they accused him of saving the juicy details for his memoir. 

In June 2020, Judge Royce Lamberth found Bolton had ‘likely jeopardized national security by disclosing classified information in violation of his nondisclosure agreement obligations.’ 

He’d submitted the 500-page manuscript for a national security review, but when the review wasn’t completed in four months, he ‘pulled the plug on the process and sent the still-under-review manuscript to the publisher for printing,’ according to the judge. 

Lamberth allowed the book to hit the shelves because ‘the horse is already out of the barn‘ – the book’s excerpts had already been leaked and 200,000 copies had been shipped.

This post appeared first on FOX NEWS

For the first time, U.S. fighter pilots took direction from an AI ‘air battle manager’ in a Pentagon test that could change how wars are fought in the skies.

The Air Force and Navy ran the August test using Raft AI’s Starsage tactical control system on F-16s, F/A-18s and F-35s during a joint military exercise designed to evaluate new weapons systems, advanced communications and battle management platforms, Fox News Digital has learned. 

In a typical combat mission, fighter pilots communicate with human air battle managers on the ground. These managers monitor radar, sensor feeds and intelligence to direct pilots on where to fly and how to position their aircraft.

‘We haven’t seen our enemies test any similar technology, so I think this is groundbreaking,’ Raft AI CEO Shubhi Mishra told Fox News Digital in an interview.

She said Starsage both speeds up response time and improves accuracy, allowing pilots to make decisions that once took minutes in just seconds. ‘In the air battle manager’s case, it’s not a one-to-one ratio: one air battle manager is helping several pilots,’ Mishra explained. ‘The autonomous agent we built is one-to-one, at the beck and call of each pilot.’

Air battle managers operate somewhat like air traffic controllers at the Federal Aviation Administration (FAA), ensuring aircraft don’t collide and remain within safe air corridors. Mishra argued that Starsage could also have prevented the collision between a regional airliner and a Black Hawk helicopter near Ronald Reagan National Airport earlier this year.

‘If the FAA had this technology, that never would have happened,’ she said. ‘It’s just data, and then execution on the data.’ An investigation by the National Transportation Safety Board revealed that the Black Hawk’s pilots never heard the command to ‘pass behind the [commercial regional jet]’ because the transmission was stepped on. The airliner’s pilots were not warned there was a helicopter nearby.

During the test, fighter pilots checked in with Starsage, confirming they were on track with the mission plan. Starsage cross-referenced their reports with its simulated sensor feed and the day’s Air Tasking Order, then announced that the minimum force package had been met, signaling that the required number of aircraft were airborne and ready. Behind the scenes, the AI prepared to digitally update the mission commander and other command-and-control agencies.

A battle manager monitored each scenario, and pilots were able to direct Starsage to call them as needed for human direction. 

Later in the scenario, when pilots requested a threat assessment, Starsage analyzed its feed and issued what’s known as a ‘picture call’ — a snapshot of enemy aircraft formations. In this case, Starsage identified a single heavy group of five adversary aircraft, marking the first time an AI system has provided real-time tactical awareness in the air battle space.

The development comes as defense aviation leaders debate how much longer humans will remain in the cockpit of combat aircraft, and how many future generations of fighter jets the Pentagon will ultimately need. To an AI expert like Mishra, ‘if it’s a life-or-death decision, humans should always be in the loop.’

‘But in terms of the technology being capable of doing this, I think it’s already here,’ she said. ‘The question is, do we let it?’

This post appeared first on FOX NEWS

Tavi Costa, macro strategist at Crescat Capital, shares his thoughts on gold, including what could unleash the yellow metal’s next move higher.

He sees a ‘major collapse’ in the US dollar, saying a break in a key support line could boost gold.

Costa also shares his outlook for silver and copper.

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

This post appeared first on investingnews.com

Silver47 Exploration Corp. (TSXV: AGA,OTC:AAGAF) (OTCQB: AAGAF) (‘Silver47’ or the ‘Company’) is pleased to announce that it has entered into an agreement with Research Capital Corporation, to act as lead agent and sole bookrunner, on behalf of a syndicate of agents including Eventus Capital Corp. and Haywood Securities Inc., in connection with a brokered private placement (the ‘Offering’) of up to 20,000,000 units (each, a ‘Unit’) at a price of $0.70 per Unit, for aggregate gross proceeds of up to $14,000,000.

Each Unit will be comprised of one common share of the Company (a ‘Common Share‘) and one-half of one Common Share purchase warrant (each whole warrant, a ‘Warrant‘). Each whole Warrant shall be exercisable to acquire one Common Share at a price of $1.00 per Common Share for a period of 36 months from the closing of the Offering.

The Company intends to use the net proceeds of the Offering for further exploration work on the Company’s projects and for general working capital purposes.

In addition, the Company has granted the Agents an option (the ‘Agents’ Option‘) to increase the size of the Offering by up to $2,100,000 by giving written notice of the exercise of the Agent’s Option, or a part thereof, to the Company at any time up to 48 hours prior to closing of the Offering.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106‘), the Units are being offered for sale to purchasers resident in all provinces of Canada, except Quebec, in reliance on the ‘listed issuer financing exemption’ from the prospectus requirement available under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemptions (the ‘Listed Issuer Financing Exemption‘). The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.

There is an offering document (the ‘Offering Document‘) related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.silver47.ca. Prospective investors should read this Offering Document before making an investment decision.

The Company expects to close the Offering on or about September 16, 2025, or such other date as mutually agreed by the Company and the Agents. The Offering remains subject to the satisfaction of certain conditions including the receipt of all necessary regulatory approvals, and the approval of the TSX Venture Exchange.

The Company has agreed to pay to the Agents a cash commission equal to 6% of the gross proceeds of the Offering, subject to a reduction for orders on a president’s list. In addition, the Company has agreed to issue to the Agents broker warrants of the Company exercisable for a period of 36 months, to acquire in aggregate that number of common shares of the Company which is equal to 6% of the number of Units sold under the Offering, subject to a reduction for orders on a president’s list, at an exercise price of $0.70.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘1933 Act‘) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Silver47 Exploration

Silver47 Exploration Corp. is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The Company is creating a leading high-grade US-focused silver developer with a combined resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq Indicated. With operations in Alaska, Nevada and New Mexico, Silver47 Exploration is anchored in America’s most prolific mining jurisdictions. For detailed information regarding the Company’s properties, please refer to the technical reports and other filings available on SEDAR at www.sedarplus.ca.

For more information about the Company, please visit www.silver47.ca.

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    On Behalf of the Board of Directors
    Mr. Galen McNamara
    CEO & Director

    For investor relations
    Giordy Belfiore
    604-288-8004
    gbelfiore@silver47.ca

    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.

    FORWARD-LOOKING STATEMENTS

    This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. ‘Forward-looking information’ includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the expectation that the Offering will close in the timeframe and on the terms as anticipated by management, that the Offering will be completed at all, and the use of proceeds. Generally, but not always, forward-looking information and statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’ or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’ or the negative connotation thereof.

    Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company will complete the Offering in the timeframe and on the terms as anticipated by management, and that the Company will receive all regulatory and Exchange approvals. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

    Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to the failure to complete the Offering at all or in the timeframe and on the terms as anticipated by management, market conditions and timeliness of regulatory approvals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by 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 information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263859

    News Provided by Newsfile via QuoteMedia

    This post appeared first on investingnews.com

    Alvopetro Energy Ltd. (TSXV: ALV,OTC:ALVOF) (OTCQX: ALVOF) announces initial production results from our recently completed 183-D4 Murucututu well (100% working interest) and an operational update.

    President & CEO, Corey C. Ruttan commented:

    ‘The initial results from our 183-D4 well are extremely encouraging and have allowed us to post record daily natural gas production levels from our 100% owned Murucututu asset. This result reinforces our vision for Murucututu and our long-term growth objectives.’

    Operational Update

    Brazil

    On our 100% owned Murucututu field, the 183-D4 well was drilled in the second quarter to a total measured depth of 3,072 metres. The well encountered the Caruaçu Member of the Maracangalha Formation 106 metres structurally updip of our 183-A3 well which has been on production since the fourth quarter of 2024. Based on cased-hole gamma ray logs and normalized gas while drilling, the well encountered potential natural gas pay in the Caruaçu Member of the Maracangalha Formation, with an aggregate 61 metres total vertical depth (‘TVD’) of potential natural gas pay between 2,439 and 2,838 metres TVD. We completed the well in seven intervals. The well went through an initial 116-hour cleanup period, recovering 2,620 barrels of completion fluid and 132 barrels of natural gas liquids. After this initial cleanup period, we flowed the well for 70 hours at a constant 32/64’choke at an average rate of 162 e 3 m 3 /d (5.7 MMcfpd, 953 boepd) with a 1,401psi flowing wellhead pressure. During this period, we also recovered a total of 995 barrels of completions fluid and 174 barrels of natural gas liquids. Average natural gas liquids (condensate) production during the flow period was 60 boepd. The flow rate over the last hour was 161 e 3 m 3 /d (5.7 MMcfpd, 947 boepd) with 1,384 psi flowing wellhead pressure. There are 12,190 barrels of 15,806 barrels of completions fluid left to recover. Given these extremely strong production results we are currently producing the Murucututu field from this single well as we are limited by our current facility capacity at Murucututu. As we continue to monitor these initial flow results, we will be evaluating options to improve production capacity of the system to allow for more production from the Murucututu field.

    Our joint development on the unitized area (‘the Unit’) which includes our Caburé field commenced in the second quarter and four wells (2.2 net) have now been drilled. We have just commenced the completion program and expect to have the additional production online by the end of the third quarter. These development wells were primarily drilled to extend and enhance the productive plateau of the Unit and the results will also be incorporated into future Unit working interest redeterminations. The timing of drilling the fifth development well (0.6 net) is subject to the receipt of all necessary regulatory approvals.

    Development Activities – Western Canada

    In June, we further expanded our joint Mannville focused land based to 17,780 gross acres (8,890 net acres) and in July, two additional multi-lateral wells (1.0 net) were drilled with an aggregate of over 19 kilometers of open hole reservoir contact. Both wells have been completed and equipped and have just commenced production. Following a clean-up flow period, we will commence oil sales from these two new wells.

    Corporate Presentation

    Alvopetro’s updated corporate presentation is available on our website at: http://www.alvopetro.com/corporate-presentation .

    Social Media

    Follow Alvopetro on our social media channels at the following links:

    Twitter – https://twitter.com/AlvopetroEnergy
    Instagram – https://www.instagram.com/alvopetro/
    LinkedIn – https://www.linkedin.com/company/alvopetro-energy-ltd

    Alvopetro Energy Ltd. is deploying a balanced capital allocation model where we seek to reinvest roughly half our cash flows into organic growth opportunities and return the other half to stakeholders. Alvopetro’s organic growth strategy is to focus on the best combinations of geologic prospectivity and fiscal regime. Alvopetro is balancing capital investment opportunities in Canada and Brazil where we are building off the strength of our Caburé and Murucututu natural gas fields and the related strategic midstream infrastructure.

    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 news release.

    Abbreviations:

    boepd                    =

    barrels of oil equivalent (‘boe’) per day

    bopd                      =

    barrels of oil and/or natural gas liquids (condensate) per day

    e 3 m 3 /d                   =

    thousand cubic metre per day

    m 3 =

    cubic metre

    m 3 /d                      =

    cubic metre per day

    Mcf                        =

    thousand cubic feet

    Mcfpd                    =

    thousand cubic feet per day

    MMcf                     =

    million cubic feet

    MMcfpd                 =

    million cubic feet per day

    NGLs                    =

    natural gas liquids (condensate)

    psi                         =

    pounds per square inch

    BOE Disclosure

    The term barrels of oil equivalent (‘boe’) may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet per barrel (6 Mcf/bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. All boe conversions in this news release are derived from converting gas to oil in the ratio mix of six thousand cubic feet of gas to one barrel of oil.

    Well Results

    Data obtained from the 183-D4 well identified in this press release, including cased-hole logging data, potential net pay and initial production results should be considered preliminary. There is no representation by Alvopetro that the data relating to the 183-D4 well contained in this press release is necessarily indicative of long-term performance or ultimate recovery. The reader is cautioned not to unduly rely on such data as such data may not be indicative of future performance of the well or of expected production or operational results for Alvopetro in the future.

    Forward-Looking Statements and Cautionary Language

    This news release contains forward-looking information within the meaning of applicable securities laws. The use of any of the words ‘will’, ‘expect’, ‘intend’, ‘plan’, ‘may’, ‘believe’, ‘estimate’, ‘forecast’, ‘anticipate’, ‘should’ and other similar words or expressions are intended to identify forward-looking information. Forward‐looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the expectations discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events. Accordingly, when relying on forward-looking statements to make decisions, Alvopetro cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties. More particularly and without limitation, this news release contains forward-looking statements concerning future production and sales volumes, the expected timing of production and sales commencement from certain wells, and plans relating to the Company’s operational activities, proposed development activities and the timing for such activities. Forward-looking statements are necessarily based upon assumptions and judgments with respect to the future including, but not limited to the success of future drilling, completion, testing, recompletion and development activities and the timing of such activities, the performance of producing wells and reservoirs, well development and operating performance, expectations and assumptions concerning the timing of regulatory licenses and approvals, equipment availability, environmental regulation, including regulations relating to hydraulic fracturing and stimulation, the ability to monetize hydrocarbons discovered, the outlook for commodity markets and ability to access capital markets, foreign exchange rates, the outcome of any disputes, the outcome of redeterminations, general economic and business conditions, forecasted demand for oil and natural gas, the impact of global pandemics, weather and access to drilling locations, the availability and cost of labour and services, and the regulatory and legal environment and other risks associated with oil and gas operations. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. Current and forecasted natural gas nominations are subject to change on a daily basis and such changes may be material. In addition, the declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. Although we believe that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because we can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, reliance on industry partners, availability of equipment and personnel, uncertainty surrounding timing for drilling and completion activities resulting from weather and other factors, changes in applicable regulatory regimes and health, safety and environmental risks), commodity price and foreign exchange rate fluctuations, market uncertainty associated with trade or tariff disputes, and general economic conditions. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Although Alvopetro believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Alvopetro can give no assurance that it will prove to be correct. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on factors that could affect the operations or financial results of Alvopetro are included in our AIF which may be accessed on Alvopetro’s SEDAR+ profile at www.sedarplus.ca . The forward-looking information contained in this news release is made as of the date hereof and Alvopetro undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

    www.alvopetro.com
    TSX-V: ALV, OTCQX: ALVOF

    SOURCE Alvopetro Energy Ltd.

    View original content: http://www.newswire.ca/en/releases/archive/August2025/25/c1020.html

    News Provided by Canada Newswire via QuoteMedia

    This post appeared first on investingnews.com

    Keurig Dr Pepper said Monday it will buy Peet’s Coffee owner JDE Peet’s in a deal worth about $18 billion (15.7 billion euro).

    When the acquisition is complete, the company plans to split into two separate companies, one focused on coffee and the other focused on beverages including Dr Pepper, Canada Dry, 7Up and energy drinks.

    The coffee business will have about $16 billion in combined sales and the beverage business about $11 billion.

    “Through the complementary combination of Keurig and JDE Peet’s, we are seizing an exceptional opportunity to create a global coffee giant,” said Tim Cofer, Keurig Dr Pepper’s CEO.

    In addition to Peet’s, Amsterdam-based JDE Peet’s brands include L’OR, Jacobs, Douwe Egberts, Kenco, Pilao, OldTown, Super and Moccona.

    Once the two companies are separated, Cofer will become CEO of the beverage business, which will be based in Frisco, Texas, and Keurig Dr Pepper CFO Sudhanshu Priyadarshi will lead the coffee business, which will be located in Burlington, Mass., with its international headquarters in Amsterdam.

    This post appeared first on NBC NEWS

    Phosphate is mainly used in the form of fertilizer for crops and animal feed supplements. Only 5 percent of world phosphate production is used for other applications, such as corrosion prevention and detergents.

    In its 2025 Mineral Commodity Summary, the US Geological Survey (USGS) states that global production of phosphate grew in 2024 alongside demand, totaling 240 million metric tons. Most of 2024 was marked by steady growth in agricultural demand in the face of declining quality reserves.

    ‘World consumption of P2O5 contained in fertilizers was estimated to have been 47.5 million tons in 2024 compared with 45.8 million tons in 2023,’ the USGS reported. ‘World consumption of P2O5 in fertilizers was projected to increase to 51.8 million tons by 2028. The leading regions for growth were expected to be Asia and South America.’

    This list of the top phosphate countries by production is based on data from the USGS. Those interested in the phosphate mining sector will want to keep an eye on phosphate production data and mining companies in these countries.

    1. China

    Phosphate production: 110 million metric tons
    Phosphate reserves: 3.7 billion metric tons

    China’s phosphate production increased in 2024 to 110 million metric tons (MT), up from 105 million MT in 2023, placing it as number one on the list of top phosphate-producing countries by a long shot. China has the second largest phosphate reserves in the world at 3.7 billion metric tons of phosphate. The country is also the fourth largest producer of fellow fertilizer mineral potash.

    The rise in Chinese output came in despite of the nation’s environmental crackdown on the mining industry. China’s government has placed restrictions on phosphate exports in an effort to drive down domestic prices of the fertilizer with its own supply. In December 2024, China halted new export applications for phosphate due to the rising cost of sulfur. The material is critical in the separation of phosphates from rock.

    2. Morocco

    Phosphate production: 30 million metric tons
    Phosphate reserves: 50 billion metric tons

    As the second largest phosphate-producing country, Morocco produced 30 million metric tons of the fertilizer in 2024, down from 33 million MT in the previous year. The North African nation’s phosphate output is expected to increased in the coming years due to ongoing capacity expansions, which are expected to be completed by 2027.

    Morocco’s phosphate production comes from state-owned fertilizer company OCP Group’s mines, including its Gantour operation, one of the world’s largest phosphate mines.

    Morocco holds the world’s largest phosphate reserves at 50 billion metric tons, accounting for over 67 percent of total global phosphate reserves.

    3. United States

    Phosphate production: 20 million metric tons
    Phosphate reserves: 1 billion metric tons

    In 2024, US phosphate mining production totaled 20 million metric tons, up slightly by 400,000 metric tons from the previous year. The nation’s 10 producing phosphate mines are located across four states: Florida, North Carolina, Idaho and Utah.

    The two largest phosphate mining companies in the US are Mosaic (NYSE:MOS) and Nutrien (TSX:NTR). Global giant Mosaic’s Florida phosphates operation comprises three producing mines: Four Corners, South Fort Meade and Wingate. The three mines combined for 8,900 MT of phosphate rock concentrate in 2024. Nutrien operates the Aurora mine in North Carolina and White Springs mine in Utah.

    Most phosphate rock mined in the US is used for manufacturing phosphoric acid and superphosphoric acid. These types of wet-process phosphate products are used for items such as animal feed supplements. About a quarter of this is exported in the form of merchant-grade phosphoric acid, upgraded granular diammonium and monoammonium phosphate fertilizer, as well as other fertilizer products, according to the USGS.

    4. Russia

    Phosphate production: 14 million metric tons
    Phosphate reserves: 2.4 billion metric tons

    Russia produced 14 million metric tons of phosphate in 2024, down by 1 million MT from the previous year, and the country’s phosphate reserves total 2.4 billion metric tons. Russia is also the second largest producer of potash.

    A significant portion of Russia’s phosphate is produced by PhosAgro subsidiary Apatit from apatite minerals at the Khibiny deposit, which is located east of Finland in Russia’s Kola Peninsula. Phosphate operations are also found in Perm Krai at the Oleniy Ruchey apatite mine and processing facility owned by the Acron Group’s North-Western Phosphorous Company.

    European nations were previously Russia’s biggest phosphate customers in the global market, but the country’s war in Ukraine initially had an impact, directly influencing phosphate prices. However, Russian phosphate exports were supported through increases in shipments to countries including India and Brazil.

    5. Jordan

    Phosphate production: 12 million metric tons
    Phosphate reserves: 1 billion metric tons

    Jordan’s phosphate production came in at 12 million metric tons in 2024, rising slightly from the previous year. Jordan’s phosphate reserves stand at an estimated 1 billion MT.

    The country’s sole phosphate producer is state-owned Jordan Phosphate Mines Company, which operates as a phosphate miner and fertilizer producer. The company bills itself as the second largest phosphate exporter and the sixth largest producer of phosphate in the world, with combined production capacity between its three mines exceeding 11 million metric tons of phosphate annually.

    6. Saudi Arabia

    Phosphate production: 9.5 million metric tons
    Phosphate reserves: 1 billion metric tons

    Saudi Arabia produced 9.5 million metric tons of phosphate in 2024, down by 400,000 MT from 2023’s output level. The country is sitting on 1 billion MT of phosphate reserves. The Saudi Arabian Mining Company, also known as Ma’aden, produces up to 5 million metric tons of concentrated phosphate rock per year.

    The Wa’ad Al Shamal Minerals Industrial City, an integrated phosphate fertilizer production complex, is a US$8 billion joint venture investment between Ma’aden at 60 percent, chemical manufacturer Saudi Basic Industries (TADAWUL:2010) at 15 percent and US fertilizer giant Mosaic at 25 percent. However, in January 2025, Mosaic sold its stake for US$1.5 billion in Ma’aden shares, bringing the latter company’s interest to 85 percent.

    7. Brazil

    Phosphate production: 5.3 million metric tons
    Phosphate reserves: 1.6 billion metric tons

    Brazil, another of the top phosphate countries by production, produced 5.3 million metric tons of phosphate in 2024, nearly on par with its production in the previous year. Brazil has a booming agricultural sector and is one of the world’s largest fertilizer consumers and importers. More phosphate production capacity in the country is expected to come online in 2027.

    Mosaic is the country’s largest producer of both phosphate and nitrogen, and it also operates Brazil’s only potash mine. Swedish fertilizer company Eurochem launched a new US$1 billion phosphate fertilizer production facility in the State of Minas Gerais, Brazil, in April 2024. The facility has a phosphate mine and plant complex with an annual production capacity of 1 million MT of advanced phosphate fertilizers.

    8. Egypt

    Phosphate production: 5 million metric tons
    Phosphate reserves: 2.8 billion metric tons

    Egypt’s phosphate-mining production in 2024 totalled 5 million metric tons, on par with 2023 output levels. According to the US Geological Survey, Egypt’s phosphate reserves now sit at 2.8 billion MT.

    The phosphate company Misr Phosphate operates the Abu Tartour, the Sibaiya and the Red Sea mines, all of which host high grades of phosphate.

    9. Peru

    Phosphate production: 4.7 million metric tons
    Phosphate reserves: 210 million metric tons

    Peru produced 4.7 million metric tons of phosphate in 2024, down by 300,000 MT from the previous year. About 98 percent of US phosphate imports originate from Peru.

    Peru’s investment agency ProInversión made a US$940 million commitment in mid-2024 for the expansion Fosfatos del Pacífico’s Bayóvar mine in the Piura region, which is expected to bolster the country’s domestic phosphate production for the next 10 years.

    10. Tunisia

    Phosphate production: 3.3 million metric tons
    Phosphate reserves: 2.5 billion metric tons

    Tunisia’s phosphate output in 2024 totaled 3.3 million metric tons, down from 3.6 million metric tons the previous year. Tunisia is home to the fourth highest phosphate reserves in the world at 2.5 billion metric tons.

    The North African country has been rising among the ranks of the world’s largest phosphate producing nations. In 2023 Tunisia’s state-owned phosphate firm Gafsa Phosphate Company ramped up its production as part of its US$76 million investment program.

    FAQS for phosphate

    What are phosphates?

    Phosphates are compounds that usually include phosphorous and oxygen, and can have one or more common elements, such as sodium, calcium, potassium and aluminum.

    Where are phosphate compounds found?

    Phosphate is mostly found in phosphate rock, a non-detrital sedimentary rock that contains high amounts of phosphate minerals. Phosphate rock can come in different forms such as quartz, calcite, dolomite, apatite, iron oxide minerals and clay minerals.

    Is phosphate the same as phosphorus in fertilizer?

    Phosphate is the natural source of phosphorous, which provides essential nutrients for plant growth and development.

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

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